F&B Units for Rent on Lau Li Street, Hong Kong

Why rent a restaurant on Lau Li Street, Causeway Bay, Hong Kong?

Renting a restaurant on Lau Li Street in Causeway Bay, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial districts. This bustling street sits in the heart of Causeway Bay, providing restaurant owners with access to heavy foot traffic from both local residents and international tourists who frequent the area's renowned shopping centers, hotels, and entertainment venues. The strategic location on Lau Li Street ensures excellent visibility and accessibility via multiple MTR connections and bus routes, making it convenient for customers to visit your establishment. Causeway Bay's reputation as a premier dining destination means restaurants in this area benefit from the district's established food culture and high consumer spending power. The diverse demographic mix of office workers, shoppers, and tourists creates multiple revenue streams throughout the day, from business lunches to evening dining. Additionally, the competitive rental rates on Lau Li Street compared to main thoroughfares like Russell Street or Yee Wo Street provide better value while still maintaining proximity to major attractions like Times Square and Sogo department store. The area's strong infrastructure, reliable utilities, and supportive business environment make Lau Li Street an ideal choice for restaurant entrepreneurs looking to establish or expand their presence in Hong Kong's dynamic food and beverage market.

How much does it cost to rent a restaurant on Lau Li Street, Causeway Bay, Hong Kong?

Restaurant rental costs on Lau Li Street in Causeway Bay, Hong Kong typically range from HK$80,000 to HK$200,000 per month depending on the size, location within the street, and specific terms of the lease agreement. Causeway Bay is one of Hong Kong's premier commercial districts with extremely high foot traffic, making Lau Li Street restaurant spaces particularly expensive due to the area's prime retail location and proximity to major shopping centers like Times Square and Sogo. The cost to rent a restaurant on Lau Li Street varies significantly based on factors such as square footage, street-level versus upper-floor positioning, existing kitchen facilities, and lease duration, with smaller establishments of 500-800 square feet commanding monthly rents between HK$80,000-HK$120,000, while larger restaurant spaces exceeding 1,000 square feet can cost HK$150,000-HK$200,000 or more per month. Prospective restaurant tenants should also budget for additional costs including government licensing fees, utilities deposits, renovation expenses, and the standard practice of paying several months rent in advance as security deposit when securing a restaurant rental in this highly sought-after Causeway Bay location.

What type of restaurant can be found on Lau Li Street, Causeway Bay, Hong Kong?

Lau Li Street in Causeway Bay, Hong Kong is home to a diverse array of restaurants that cater to both local and international tastes. This vibrant dining destination features traditional Cantonese restaurants serving authentic dim sum and roasted meats, Japanese establishments offering fresh sushi and ramen, Korean barbecue houses, trendy cafes serving Western cuisine, and popular hotpot restaurants. The street is particularly known for its mix of casual dining spots and upscale eateries, with many establishments specializing in Asian fusion cuisine that blends traditional flavors with modern cooking techniques. Food enthusiasts visiting Lau Li Street can expect to find everything from street food vendors and tea houses to fine dining restaurants, making it a popular culinary hub in the heart of Causeway Bay's bustling shopping and entertainment district.