F&B Units for Rent on Tang Lung Street, Hong Kong
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Why rent a restaurant on Tang Lung Street, Causeway Bay, Hong Kong?
Renting a restaurant on Tang Lung Street in Causeway Bay, Hong Kong offers exceptional business opportunities in one of the city's most vibrant commercial districts. Located in the heart of Causeway Bay, Tang Lung Street provides restaurants with high foot traffic from both local residents and international tourists visiting nearby shopping destinations like Times Square and SOGO. The street's strategic location ensures excellent accessibility via MTR Causeway Bay Station, making it convenient for customers to reach your restaurant. Tang Lung Street's diverse culinary scene attracts food enthusiasts seeking authentic dining experiences, while the area's mix of office buildings and residential complexes guarantees a steady stream of potential customers throughout the day. Restaurant operators benefit from the street's established reputation as a dining destination, competitive rental rates compared to prime shopping areas, and proximity to major hotels that drive tourist traffic. The location also offers excellent visibility and marketing opportunities, with many successful restaurants already established along Tang Lung Street, creating a proven track record for food and beverage businesses in this prime Causeway Bay location.
How much does it cost to rent a restaurant on Tang Lung Street, Causeway Bay, Hong Kong?
Renting a restaurant on Tang Lung Street in Causeway Bay, Hong Kong typically costs between HK$80,000 to HK$200,000 per month depending on the size, location within the street, and condition of the property. Tang Lung Street restaurant rental prices vary significantly based on factors such as square footage, floor level, proximity to main thoroughfares like Hennessy Road, and whether the space includes existing kitchen equipment and fixtures. Ground floor restaurants with street-facing frontage on Tang Lung Street command premium rents of HK$150,000 to HK$200,000 monthly, while upper floor dining establishments may rent for HK$80,000 to HK$120,000 per month. Causeway Bay restaurant rental costs also include additional expenses such as management fees, utility deposits, and mandatory renovation bonds that can add 20-30% to the base monthly rent. Prospective restaurateurs should budget for initial setup costs including licensing fees, equipment purchases, and working capital, as Tang Lung Street's prime Causeway Bay location offers high foot traffic but requires substantial investment to secure and operate a successful restaurant business in this competitive Hong Kong dining district.
What type of restaurant can be found on Tang Lung Street, Causeway Bay, Hong Kong?
Tang Lung Street in Causeway Bay, Hong Kong is home to a diverse array of restaurants that cater to both locals and tourists exploring this vibrant shopping district. The street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), Japanese sushi bars, Korean barbecue establishments, and international cuisine options including Italian, Thai, and Western fast food chains. Many of the restaurants on Tang Lung Street are known for their affordable pricing and casual dining atmosphere, making them popular choices for shoppers taking a break from the nearby Times Square mall and Causeway Bay's bustling retail scene. From local Hong Kong comfort food to international flavors, Tang Lung Street offers dining options that reflect the cosmopolitan nature of Causeway Bay, with many establishments staying open late to accommodate the area's active nightlife and shopping culture.
