F&B Units for Rent on Shiu Fai Terrace, Hong Kong

Why rent a restaurant on Shiu Fai Terrace, Wan Chai, Hong Kong?

Shiu Fai Terrace in Wan Chai, Hong Kong offers exceptional opportunities for restaurant rental due to its prime location in one of the city's most vibrant commercial and entertainment districts. This bustling area attracts a diverse mix of office workers, tourists, and local residents, ensuring consistent foot traffic throughout the day and evening. The terrace location provides excellent visibility and accessibility, with convenient access to public transportation including MTR stations and bus routes. Wan Chai's reputation as a dining and nightlife hub means customers actively seek out new restaurant experiences in the area, while the district's mix of business offices and residential buildings guarantees a steady stream of potential diners for lunch, dinner, and weekend dining. The competitive rental rates on Shiu Fai Terrace compared to other premium Hong Kong locations, combined with the area's established food and beverage scene, make it an ideal choice for restaurateurs looking to establish or expand their presence in Hong Kong's dynamic culinary market. Additionally, the proximity to major hotels, convention centers, and shopping areas ensures exposure to both local patrons and international visitors year-round.

How much does it cost to rent a restaurant on Shiu Fai Terrace, Wan Chai, Hong Kong?

The cost to rent a restaurant on Shiu Fai Terrace 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. Shiu Fai Terrace restaurant rental prices are influenced by factors such as floor area, which generally ranges from 800 to 2,000 square feet for most available restaurant spaces, proximity to Wan Chai MTR station, and the current market demand in this popular Hong Kong dining district. Monthly rent for ground floor restaurant units on Shiu Fai Terrace tends to be higher due to better visibility and foot traffic, while upper floor restaurant spaces may offer more competitive rental rates. Additional costs for renting a restaurant in Wan Chai include security deposits equivalent to 2-3 months rent, government rates and management fees, and potential premium payments for key money or goodwill transfers from previous tenants. Prospective restaurant operators should also budget for licensing fees, renovation costs, and utility deposits when calculating the total investment required to establish a restaurant business on Shiu Fai Terrace in Hong Kong's competitive food and beverage market.

What type of restaurant can be found on Shiu Fai Terrace, Causeway Bay, Hong Kong?

Shiu Fai Terrace in Causeway Bay, Hong Kong is home to a diverse collection of restaurants that cater to both local and international tastes. This popular dining destination features traditional Cantonese restaurants serving authentic dim sum and seafood dishes, alongside modern Asian fusion establishments that blend contemporary cooking techniques with classic flavors. Visitors to Shiu Fai Terrace can also discover cozy tea houses offering premium Chinese teas and light snacks, as well as casual dining spots specializing in Hong Kong street food favorites like wonton noodles, roast duck, and egg tarts. The terrace's strategic location in bustling Causeway Bay makes it a prime spot for both upscale dining experiences and affordable local eateries, with many restaurants offering stunning harbor views and al fresco dining options. Whether you're seeking fine dining Cantonese cuisine, international fare, or authentic local Hong Kong flavors, the restaurants on Shiu Fai Terrace provide an excellent representation of the city's vibrant culinary scene in one of its most popular shopping and entertainment districts.