F&B Units for Rent on Gresson Street, Hong Kong

Why rent a restaurant on Gresson Street, Wan Chai, Hong Kong?

Renting a restaurant on Gresson 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, Gresson Street provides restaurant owners with high foot traffic from both local residents and international visitors exploring Hong Kong's renowned culinary scene. The area benefits from excellent transportation links, including nearby MTR stations, making it easily accessible for customers throughout Hong Kong Island. Wan Chai's diverse demographic of office workers, expatriates, and tourists creates a steady customer base for restaurants of all cuisines and price points. The street's proximity to major business districts, hotels, and entertainment venues ensures consistent demand during lunch hours, dinner service, and late-night dining. Additionally, Gresson Street's established reputation as a food destination means restaurant businesses can leverage the area's existing marketing appeal and food tourism draw. The competitive rental rates compared to other prime Hong Kong locations, combined with the district's growing reputation for innovative dining concepts, make Gresson Street an ideal choice for entrepreneurs looking to establish or expand their restaurant operations in Hong Kong's dynamic food and beverage market.

How much does it cost to rent a restaurant on Gresson Street, Wan Chai, Hong Kong?

The cost to rent a restaurant on Gresson Street in Wan Chai, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, condition, and specific location of the property. Restaurant rental prices on Gresson Street Wan Chai vary significantly based on factors such as floor area, which can range from 500 to 2,000 square feet, ground floor versus upper floor positioning, and proximity to major attractions like the Hong Kong Convention and Exhibition Centre. Prime restaurant spaces on Gresson Street commanding street-level visibility generally cost between HK$120 to HK$300 per square foot monthly, while upper floor restaurant units may rent for HK$60 to HK$150 per square foot. Additional costs for renting a restaurant in Wan Chai Gresson Street include key money deposits ranging from 3 to 6 months rent, utility connections, renovation expenses, and licensing fees which can add HK$500,000 to HK$1,500,000 to your initial investment. The high foot traffic and central location make Gresson Street restaurant rentals in Wan Chai among the most sought-after commercial properties in Hong Kong's dining scene.

What type of restaurant can be found on Gresson Street, Causeway Bay, Hong Kong?

Gresson Street in Causeway Bay, Hong Kong offers a diverse range of restaurant types that cater to both locals and tourists exploring this vibrant dining district. The street features traditional Cantonese dim sum restaurants serving authentic Hong Kong-style breakfast and lunch options, alongside modern Asian fusion establishments that blend international flavors with local ingredients. Visitors can find casual cha chaan tengs (tea restaurants) offering affordable Hong Kong comfort food like milk tea and pineapple buns, as well as upscale seafood restaurants specializing in fresh catches prepared in traditional Chinese cooking styles. International cuisine is also well-represented on Gresson Street Causeway Bay, with Japanese sushi bars, Korean barbecue spots, and Western-style cafes providing variety for different taste preferences. The restaurant scene on this Causeway Bay street reflects Hong Kong's multicultural food culture, making it an excellent destination for food enthusiasts looking to experience both authentic local flavors and international dining options in one convenient location.