F&B Units for Rent on St. Francis Street, Hong Kong
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Why rent a restaurant on St. Francis Street, Wan Chai, Hong Kong?
Renting a restaurant on St. Francis Street in Wan Chai, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial districts. St. Francis Street benefits from heavy foot traffic generated by nearby office buildings, shopping centers, and residential complexes, ensuring a steady stream of potential customers throughout the day. The area is well-connected by public transportation, including the Wan Chai MTR station, making it easily accessible for both locals and tourists. Wan Chai's reputation as a dining and entertainment hub attracts food enthusiasts seeking diverse culinary experiences, while the street's proximity to major business centers guarantees a consistent lunch crowd of office workers. The competitive rental rates on St. Francis Street, compared to other premium locations in Central or Tsim Sha Tsui, provide excellent value for restaurant operators looking to establish or expand their presence in Hong Kong's dynamic food scene. Additionally, the area's mix of traditional local eateries and international restaurants creates an ideal environment for new dining concepts to thrive, supported by Wan Chai's growing reputation as a foodie destination that successfully blends authentic Hong Kong culture with modern culinary trends.
How much does it cost to rent a restaurant on St. Francis Street, Wan Chai, Hong Kong?
The cost to rent a restaurant on St. Francis Street in Wan Chai, Hong Kong typically ranges from HK$80,000 to HK$300,000 per month depending on the size, location, and condition of the property. Ground floor restaurant spaces with street frontage on St. Francis Street generally command higher rental prices due to high foot traffic and visibility, while upper floor locations may be more affordable. Factors affecting restaurant rental costs in this prime Wan Chai location include square footage, existing kitchen facilities, seating capacity, proximity to MTR stations, and current market conditions. Most restaurant leases on St. Francis Street require a security deposit equivalent to 2-3 months rent plus key money, and landlords often seek tenants with established food and beverage experience. Given Wan Chai's status as a major business and dining district, restaurant rental prices on St. Francis Street have remained relatively stable with slight increases year over year, making it essential for prospective restaurateurs to budget accordingly and consult with local commercial real estate agents for current market rates and available properties.
What type of restaurant can be found on St. Francis Street, Causeway Bay, Hong Kong?
St. Francis Street in Causeway Bay, Hong Kong offers a diverse range of dining establishments that cater to both locals and tourists visiting this bustling shopping district. The street features a mix of restaurant types including traditional Cantonese dim sum restaurants, contemporary Asian fusion establishments, international cuisine outlets, and local cha chaan tengs (tea restaurants) that serve Hong Kong-style comfort food. Visitors to St. Francis Street can find everything from upscale dining venues offering authentic Chinese cuisine to casual cafes serving Western breakfast and coffee, making it a popular dining destination in Causeway Bay. The restaurants on St. Francis Street typically reflect Hong Kong's multicultural food scene, with many establishments specializing in regional Chinese dishes, Japanese sushi and ramen, Korean barbecue, and Western fare, providing food enthusiasts with numerous options within walking distance of major shopping centers like Times Square and Sogo department store.