F&B Units for Rent on Electric Street, Hong Kong
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Why rent a restaurant on Electric Street, Wan Chai, Hong Kong?
Renting a restaurant on Electric Street in Wan Chai, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial districts. Electric Street Wan Chai benefits from high foot traffic with office workers, tourists, and local residents, making it an ideal spot for restaurant rental in Hong Kong. The area's excellent connectivity through MTR stations and bus routes ensures easy accessibility for customers throughout Hong Kong Island. Wan Chai restaurant spaces on Electric Street are surrounded by numerous businesses, shopping centers, and entertainment venues, creating a steady stream of potential diners throughout the day and evening. The street's proximity to major hotels and corporate offices guarantees a consistent customer base for both lunch and dinner services. Additionally, Electric Street's reputation as a dining destination means restaurants here benefit from the area's established food scene and marketing appeal. With competitive rental rates compared to other premium Hong Kong locations, Electric Street Wan Chai provides restaurant owners with an excellent return on investment while positioning their business in a thriving culinary hub that attracts both locals and international visitors seeking authentic Hong Kong dining experiences.
How much does it cost to rent a restaurant on Electric Street, Wan Chai, Hong Kong?
Renting a restaurant space on Electric Street in Wan Chai, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the exact location, size, and condition of the property. Electric Street restaurant rental prices vary significantly based on factors such as foot traffic, proximity to MTR stations, and the specific segment of the street, with ground floor spaces commanding premium rates due to high visibility and accessibility. Most restaurant spaces on Electric Street Wan Chai range from 500 to 2,000 square feet, resulting in monthly rental costs between HK$40,000 to HK$400,000 for restaurateurs looking to establish their business in this vibrant dining district. Additional costs to consider when renting a restaurant on Electric Street include security deposits equivalent to 2-3 months rent, government rates and management fees, as well as potential renovation expenses to customize the space for food service operations. The competitive restaurant rental market in Wan Chai's Electric Street area reflects its popularity among both locals and tourists, making it essential for prospective tenants to budget appropriately and engage experienced commercial real estate agents familiar with Hong Kong's restaurant leasing requirements.
What type of restaurant can be found on Electric Street, Causeway Bay, Hong Kong?
Electric Street in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various tastes and budgets. Visitors to this vibrant dining destination can find traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea cafes (cha chaan tengs), upscale seafood establishments, and international cuisine options including Japanese sushi bars, Korean barbecue restaurants, and Western fine dining venues. The street is particularly known for its local street food vendors and casual dining spots that serve popular Hong Kong dishes like wonton noodles, roast duck, and pineapple buns. Many restaurants on Electric Street Causeway Bay feature both indoor seating and outdoor terrace areas, making it a popular choice for tourists and locals seeking authentic Hong Kong dining experiences. From budget-friendly noodle shops to premium restaurants with harbor views, Electric Street provides dining options that showcase the culinary diversity that makes Causeway Bay one of Hong Kong's premier food districts.