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

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

Renting a restaurant on Tai Wong Street East in Wan Chai, Hong Kong offers exceptional business opportunities in one of the city's most vibrant dining districts. This prime location provides high foot traffic from both local residents and international tourists, ensuring excellent visibility for your restaurant venture. Tai Wong Street East benefits from its proximity to major commercial areas, hotels, and entertainment venues in Wan Chai, creating a steady stream of potential customers throughout the day and evening. The area is well-connected by public transportation, including MTR stations and bus routes, making it easily accessible for diners across Hong Kong. Restaurant spaces on Tai Wong Street East typically offer competitive rental rates compared to other premium locations in Central or Tsim Sha Tsui, while still providing access to Wan Chai's affluent customer base. The street's diverse culinary scene attracts food enthusiasts seeking authentic local cuisine and international dining experiences, creating an ideal environment for both established restaurateurs and new food entrepreneurs. Additionally, the area's ongoing urban development and revitalization projects continue to enhance its appeal as a dining destination, promising long-term growth potential for restaurant businesses in this dynamic Hong Kong neighborhood.

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

The cost to rent a restaurant space on Tai Wong Street East in Wan Chai, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the exact location, size, and condition of the property. Restaurant rental prices in this popular Wan Chai district have remained relatively stable, with ground floor units commanding premium rates due to high foot traffic and excellent visibility. Factors affecting rental costs on Tai Wong Street East include proximity to MTR stations, building age, ceiling height, and existing kitchen facilities. Most restaurant spaces in this area require a security deposit equivalent to 2-3 months rent, plus additional costs for government licensing, renovation, and equipment installation. Prospective restaurateurs should budget approximately HK$50,000 to HK$150,000 monthly for a medium-sized restaurant space of 600-800 square feet, excluding utilities, management fees, and rates. The competitive dining scene in Wan Chai makes Tai Wong Street East an attractive location for restaurants, though rental negotiations may be possible for longer lease terms or established restaurant operators with proven track records.

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

Tai Wong Street East in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to both locals and tourists in this bustling shopping district. Visitors can find traditional Cantonese dim sum restaurants serving authentic Hong Kong-style breakfast and lunch, popular fast-casual chains offering quick meals for shoppers, and local cha chaan tengs (tea restaurants) that specialize in Hong Kong-style Western fusion cuisine. The street also features international dining options including Japanese sushi bars, Korean barbecue restaurants, and Western cafes, making it a food lover's destination in the heart of Causeway Bay. Many of these establishments are strategically located near major shopping centers and hotels, providing convenient dining options for the thousands of people who visit this commercial hub daily. From budget-friendly street food stalls to mid-range family restaurants, Tai Wong Street East reflects the typical Hong Kong dining scene with its mix of traditional Chinese cuisine and international flavors that characterize Causeway Bay's vibrant food culture.