F&B Units for Rent on Fenwick Street, Hong Kong
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Why rent a restaurant on Fenwick Street, Wan Chai, Hong Kong?
Renting a restaurant on Fenwick Street in Wan Chai, Hong Kong offers exceptional business opportunities in one of the city's most vibrant dining districts. Located in the heart of Wan Chai, Fenwick Street provides excellent foot traffic from both local residents and international tourists, making it an ideal location for restaurant rental in Hong Kong. The area boasts excellent transportation links with nearby MTR stations, ensuring easy accessibility for customers throughout Hong Kong Island. Wan Chai's diverse demographic includes expatriate professionals, local business workers, and tourists, creating a steady customer base for restaurants on Fenwick Street. The street's proximity to major commercial buildings, hotels, and entertainment venues guarantees consistent dining demand throughout the day and evening. Restaurant spaces for rent on Fenwick Street benefit from the area's established reputation as a culinary destination, with lower marketing costs due to natural foot traffic. Additionally, Wan Chai offers competitive rental rates compared to Central or Tsim Sha Tsui while maintaining high visibility and accessibility. The neighborhood's mix of traditional local eateries and international cuisine creates opportunities for diverse restaurant concepts, whether targeting casual dining, fine dining, or specialty cuisine markets in Hong Kong's competitive restaurant industry.
How much does it cost to rent a restaurant on Fenwick Street, Wan Chai, Hong Kong?
The cost to rent a restaurant on Fenwick Street in Wan Chai, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location within the street, and condition of the property. Fenwick Street restaurant rental prices vary significantly based on factors such as floor area, ground floor versus upper floor positioning, existing kitchen equipment, and proximity to major commercial areas in Wan Chai. Smaller restaurant spaces of 500-800 square feet may start around HK$80,000 monthly, while larger establishments exceeding 1,200 square feet can command rents of HK$150,000 to HK$200,000 or more per month. Additional costs for restaurant rental on Fenwick Street include management fees, rates and government rent, utility deposits, and potential key money or premium payments to previous tenants. The competitive dining scene in Wan Chai and Fenwick Street's strategic location near Central and Admiralty districts contribute to premium rental rates, making it essential for restaurateurs to budget carefully and negotiate lease terms that include reasonable rent review clauses and fit-out periods when considering restaurant rental opportunities in this popular Hong Kong dining district.
What type of restaurant can be found on Fenwick Street, Causeway Bay, Hong Kong?
Fenwick Street in Causeway Bay, Hong Kong is home to a diverse collection of restaurants that cater to both local and international tastes. This bustling street features numerous dining establishments including traditional Cantonese restaurants serving dim sum and roasted meats, Japanese sushi bars and ramen shops, Korean barbecue restaurants, Western-style cafes and bistros, as well as popular Hong Kong-style tea restaurants known as cha chaan tengs. Visitors to Fenwick Street can also find trendy bubble tea shops, dessert cafes, and fast-casual dining options that reflect Causeway Bay's reputation as one of Hong Kong's premier shopping and dining districts. The restaurant scene on Fenwick Street perfectly captures the multicultural dining culture of Hong Kong, offering everything from authentic local street food to upscale international cuisine, making it a popular destination for food enthusiasts exploring the Causeway Bay area.