F&B Units for Rent on Oi Kwan Road, Hong Kong

Why rent a restaurant on Oi Kwan Road, Wan Chai, Hong Kong?

Renting a restaurant on Oi Kwan Road in Wan Chai, Hong Kong offers exceptional business opportunities in one of the city's most vibrant commercial districts. Located in the heart of Wan Chai, Oi Kwan Road provides restaurants with high foot traffic from both local residents and international tourists, ensuring strong customer flow throughout the day. The area benefits from excellent transportation links, including nearby MTR stations and bus routes, making it easily accessible for diners from across Hong Kong Island. Wan Chai's diverse demographic includes office workers, expatriates, and locals, creating demand for various dining concepts from casual eateries to upscale restaurants. The neighborhood's thriving nightlife scene and proximity to major business centers, shopping areas, and entertainment venues generate consistent evening and weekend revenue streams. Restaurant operators on Oi Kwan Road can capitalize on the area's reputation as a dining destination, with established food culture and strong competition that drives culinary innovation. Additionally, Wan Chai's ongoing urban development projects and government support for the hospitality sector make it an attractive long-term investment location for restaurateurs looking to establish or expand their presence in Hong Kong's competitive F&B market.

How much does it cost to rent a restaurant on Oi Kwan Road, Wan Chai, Hong Kong?

Renting a restaurant on Oi Kwan Road in Wan Chai, Hong Kong typically costs between HK$80,000 to HK$200,000 per month, depending on the size, location within the street, and condition of the property. Oi Kwan Road restaurant rental prices vary significantly based on factors such as floor area, street-level versus upper-floor positioning, existing kitchen equipment, and proximity to Wan Chai MTR station. Ground floor restaurant spaces on Oi Kwan Road generally command higher rents due to better foot traffic and visibility, while smaller establishments or those on upper floors may be available at the lower end of the price range. Additional costs for restaurant rental in Wan Chai include management fees, government rates, utility deposits, and often a substantial security deposit equivalent to 2-3 months rent. The competitive dining scene in Wan Chai means restaurant rental prices on Oi Kwan Road remain relatively high compared to other Hong Kong districts, but the area's excellent transport links, office worker clientele, and vibrant nightlife make it an attractive location for food and beverage businesses seeking high customer traffic and strong revenue potential.

What type of restaurant can be found on Oi Kwan Road, Causeway Bay, Hong Kong?

Oi Kwan Road in Causeway Bay, Hong Kong offers a diverse array of restaurant types that cater to both locals and tourists exploring this vibrant shopping district. Visitors can find traditional Cantonese dim sum restaurants serving authentic Hong Kong cuisine, modern international dining establishments featuring Western and fusion menus, casual fast-food chains, elegant fine dining venues, popular hotpot restaurants, Japanese sushi bars, Korean barbecue spots, and local cha chaan tengs that serve Hong Kong-style cafe food. The restaurant scene on Oi Kwan Road reflects Causeway Bay's cosmopolitan nature, with options ranging from budget-friendly street food stalls to upscale establishments, making it an ideal dining destination for food enthusiasts seeking everything from traditional Hong Kong flavors to contemporary international cuisine in one of the city's most bustling commercial areas.