F&B Units for Rent on Tai Wo Street, Hong Kong

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

Renting a restaurant on Tai Wo 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. This bustling street provides high foot traffic from both local residents and tourists, ensuring steady customer flow throughout the day. Wan Chai's strategic position connects major business areas, shopping centers, and residential complexes, making it easily accessible via MTR and bus networks. The area's diverse demographic includes office workers, expatriates, and locals who appreciate quality dining experiences, creating a ready market for various restaurant concepts. Tai Wo Street specifically benefits from its proximity to major hotels, shopping malls, and the Hong Kong Convention and Exhibition Centre, attracting international visitors and business travelers. The street's established food and beverage scene creates a dining destination atmosphere that naturally draws customers seeking authentic Hong Kong cuisine and international options. Additionally, the area's strong infrastructure, reliable utilities, and supportive business environment make restaurant operations efficient and cost-effective. The rental market on Tai Wo Street offers competitive rates compared to other premium Hong Kong locations while maintaining excellent visibility and accessibility, making it an ideal choice for restaurateurs looking to establish or expand their presence in Hong Kong's dynamic food scene.

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

The cost to rent a restaurant on Tai Wo Street 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. Tai Wo Street restaurant rental prices are influenced by factors such as foot traffic, proximity to MTR stations, and the specific segment of the street, with ground floor spaces commanding premium rates due to high visibility and accessibility. Smaller restaurant spaces of 500-800 square feet may start around HK$80,000 monthly, while larger establishments exceeding 1,500 square feet can reach HK$200,000 or more per month. Additional costs for restaurant rentals in Wan Chai include security deposits equivalent to 3-6 months rent, government rates and management fees, plus potential key money or premium payments to previous tenants. Prospective restaurant operators should also budget for licensing fees, renovation costs, and utility deposits when calculating the total investment required to open a restaurant on Tai Wo Street, as this popular Wan Chai location offers excellent exposure to both local residents and tourists visiting Hong Kong's dining scene.

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

Tai Wo Street in Causeway Bay, Hong Kong is home to a diverse array of restaurants that cater to both local and international tastes. This bustling street features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs (tea restaurants) serving Hong Kong-style comfort food, and various Asian cuisine establishments including Japanese sushi bars, Korean BBQ restaurants, and Thai dining venues. Visitors to Tai Wo Street can also find Western dining options such as cafes, bistros, and casual dining restaurants, alongside popular fast food chains and street food vendors offering local favorites like fish balls, egg waffles, and milk tea. The restaurant scene on Tai Wo Street Causeway Bay reflects Hong Kong's multicultural dining landscape, with establishments ranging from budget-friendly local eateries to mid-range international restaurants, making it a popular destination for food lovers exploring the vibrant Causeway Bay district. Many of these restaurants operate late into the evening, accommodating the busy lifestyle of Hong Kong residents and tourists who frequent this commercial area for shopping and dining experiences.