F&B Units for Rent on Expo Drive, Hong Kong
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Why rent a restaurant on Expo Drive, Wan Chai, Hong Kong?
Renting a restaurant on Expo Drive in Wan Chai, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial districts. Expo Drive benefits from high foot traffic generated by the nearby Hong Kong Convention and Exhibition Centre, which attracts millions of international visitors and business travelers annually, creating a steady stream of potential customers for restaurants. The area's strategic position in Wan Chai provides excellent accessibility via MTM stations and major transportation hubs, making it convenient for both local diners and tourists to visit your establishment. Restaurant spaces on Expo Drive typically offer competitive rental rates compared to other premium Hong Kong locations while still providing exposure to affluent clientele from the surrounding business towers and luxury hotels. The diverse demographic mix in Wan Chai, including office workers, convention attendees, and tourists, creates multiple revenue streams throughout different times of day and week. Additionally, the established food and beverage scene on Expo Drive means customers already associate the area with dining options, reducing marketing efforts needed to attract foot traffic to your restaurant location.
How much does it cost to rent a restaurant on Expo Drive, Wan Chai, Hong Kong?
The cost to rent a restaurant on Expo Drive in Wan Chai, Hong Kong typically ranges from HK$80,000 to HK$300,000 per month depending on the size, location, and condition of the property. Expo Drive restaurant rental prices are influenced by factors such as floor area, street-level visibility, proximity to the Hong Kong Convention and Exhibition Centre, and existing kitchen equipment. Smaller restaurant spaces of 500-800 square feet may cost between HK$80,000 to HK$150,000 monthly, while larger establishments exceeding 1,500 square feet can command rents of HK$200,000 to HK$300,000 or more per month. Additional costs for Wan Chai restaurant rentals include government rates, management fees, utility deposits, and potential key money or premium payments. The prime location of Expo Drive near major hotels, office buildings, and the waterfront makes it a highly sought-after area for restaurant businesses, which drives rental prices higher compared to other Hong Kong districts. Prospective tenants should budget for at least 3-6 months of advance rent plus security deposits when planning to lease restaurant space on Expo Drive.
What type of restaurant can be found on Expo Drive, Causeway Bay, Hong Kong?
Expo Drive in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various tastes and budgets. This bustling area features numerous Chinese restaurants serving authentic Cantonese cuisine, dim sum establishments, and traditional tea houses alongside international dining options including Japanese sushi bars, Korean barbecue restaurants, and Western-style cafes. Visitors to Expo Drive can find everything from upscale fine dining establishments and trendy fusion restaurants to casual eateries, fast food chains, and local street food vendors. The restaurant scene on Expo Drive reflects Causeway Bay's reputation as a major shopping and dining destination, with many establishments staying open late to accommodate the area's vibrant nightlife. Popular restaurant types include hotpot restaurants, seafood specialists, noodle shops, and dessert cafes, making Expo Drive a foodie paradise that showcases both traditional Hong Kong flavors and contemporary international cuisine in one convenient location.