F&B Units for Rent on Morrison Hill Road, Hong Kong
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Why rent a restaurant on Morrison Hill Road, Wan Chai, Hong Kong?
Renting a restaurant on Morrison Hill Road in Wan Chai, Hong Kong offers exceptional business opportunities due to its prime location in one of Hong Kong's most vibrant commercial districts. Morrison Hill Road provides excellent accessibility with nearby MTR stations and major transportation hubs, ensuring high foot traffic from both local residents and international visitors. The area attracts diverse demographics including business professionals working in nearby corporate offices, tourists exploring Wan Chai's famous attractions, and locals seeking quality dining experiences. Restaurant owners benefit from competitive rental rates compared to prime Central locations while still maintaining proximity to key business centers and shopping areas. The street's strategic position connects multiple residential complexes and commercial buildings, creating consistent customer flow throughout the day. Additionally, Morrison Hill Road's growing reputation as a dining destination, combined with Wan Chai's established nightlife scene and cultural attractions, provides restaurant businesses with excellent visibility and marketing opportunities. The location also offers convenient supplier access and delivery routes, making operational logistics more efficient for restaurant management. With Hong Kong's thriving food culture and Wan Chai's status as a major tourist and business hub, renting a restaurant space on Morrison Hill Road positions businesses for sustained growth and profitability in the competitive Hong Kong dining market.
How much does it cost to rent a restaurant on Morrison Hill Road, Wan Chai, Hong Kong?
The cost to rent a restaurant on Morrison Hill Road in Wan Chai, Hong Kong typically ranges from HK$80,000 to HK$300,000 per month depending on the size, location within the street, and condition of the property. Morrison Hill Road restaurant rental prices are influenced by factors such as square footage, with smaller establishments of 500-800 square feet commanding around HK$80,000-120,000 monthly, while larger spaces exceeding 1,500 square feet can reach HK$200,000-300,000 per month. The prime location in Wan Chai district, known for its high foot traffic and proximity to business centers, makes Morrison Hill Road restaurant spaces particularly sought after by restaurateurs. Additional costs for restaurant rental in this area include management fees averaging HK$15-25 per square foot, utility deposits, and potential renovation expenses to meet Food and Environmental Hygiene Department requirements. Prospective tenants should also budget for a security deposit equivalent to 3-6 months rent and factor in the competitive nature of Wan Chai's restaurant market when negotiating lease terms on Morrison Hill Road.
What type of restaurant can be found on Morrison Hill Road, Causeway Bay, Hong Kong?
Morrison Hill Road in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various tastes and budgets. Visitors can find traditional Cantonese dim sum restaurants serving authentic Hong Kong cuisine, trendy cafes offering international fusion dishes, local cha chaan tengs (tea restaurants) providing affordable comfort food, upscale dining establishments featuring fine dining experiences, and casual noodle shops specializing in wonton noodles and congee. The area is particularly known for its mix of local Hong Kong eateries and international cuisine options, including Japanese, Korean, Thai, and Western restaurants, making Morrison Hill Road a popular dining destination for both locals and tourists exploring Causeway Bay's vibrant food scene. Many of these restaurants operate throughout the day, offering everything from breakfast and lunch sets to elaborate dinner menus, reflecting the dynamic culinary culture that Hong Kong is famous for worldwide.