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

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

Renting a restaurant on Tai Wong Street West 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 locals and tourists, with excellent accessibility via MTR connections and major transportation hubs. Tai Wong Street West benefits from Wan Chai's reputation as a culinary hotspot, surrounded by established restaurants, bars, and entertainment venues that create a thriving food scene. The area attracts diverse demographics including office workers from nearby business districts, residents from surrounding high-density housing, and visitors exploring Hong Kong's famous nightlife. Restaurant operators can capitalize on the street's proximity to popular attractions, shopping centers, and the Hong Kong Convention and Exhibition Centre, ensuring steady customer flow throughout the day and evening. The competitive rental rates compared to Central or Tsim Sha Tsui, combined with strong local support for new dining concepts, make Tai Wong Street West an ideal location for both established restaurateurs and entrepreneurs looking to enter Hong Kong's dynamic food and beverage market.

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

The cost to rent a restaurant on Tai Wong Street West 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 Wong Street West restaurant rental prices are influenced by factors such as floor area measured in square feet, whether the space includes existing kitchen equipment, proximity to MTR stations, and current market demand in the Wan Chai district. Smaller restaurant spaces of 500-800 square feet may cost around HK$80,000 to HK$120,000 monthly, while larger establishments exceeding 1,000 square feet can command rents of HK$150,000 to HK$200,000 or more per month. Restaurant operators should also budget for additional costs including government licensing fees, utility deposits, renovation expenses, and management fees when calculating the total investment required to open a restaurant on Tai Wong Street West. Due to Wan Chai's status as a prime commercial and dining district with high foot traffic, restaurant rental rates on Tai Wong Street West remain competitive compared to other Hong Kong locations, making it essential to work with experienced commercial real estate agents who specialize in Hong Kong restaurant properties to secure the best available terms.

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

Tai Wong Street West in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various tastes and budgets. This bustling street is home to traditional Cantonese dim sum restaurants, authentic local cha chaan tengs (tea restaurants) serving Hong Kong-style comfort food, upscale seafood establishments, international cuisine including Japanese sushi bars and Korean barbecue joints, as well as trendy cafes and dessert shops. Visitors to Tai Wong Street West can find everything from street food vendors offering popular Hong Kong snacks like fish balls and egg waffles to fine dining establishments serving premium Cantonese cuisine. The area is particularly known for its mix of traditional Hong Kong eateries alongside modern fusion restaurants, making it a popular dining destination for both locals and tourists exploring Causeway Bay's vibrant food scene. Whether you're looking for affordable local meals or upscale dining experiences, Tai Wong Street West provides numerous restaurant options that showcase Hong Kong's rich culinary heritage and contemporary food culture.