F&B Units for Rent on Li Yuen Street West, Hong Kong
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Why rent a restaurant on Li Yuen Street West, Central, Hong Kong?
Li Yuen Street West in Central, Hong Kong offers exceptional opportunities for restaurant rental due to its prime location in one of the city's most prestigious business districts. This historic street attracts both local office workers and international tourists, providing restaurants with a diverse customer base throughout the day. The area benefits from excellent transportation links with multiple MTR stations nearby, making it easily accessible for diners from across Hong Kong. Restaurant operators choosing Li Yuen Street West can capitalize on the high foot traffic from nearby financial institutions, luxury shopping areas, and commercial buildings, ensuring consistent revenue streams during lunch hours and after-work dining periods. The street's unique blend of traditional Hong Kong character and modern business environment creates an authentic dining atmosphere that appeals to both locals seeking familiar flavors and visitors wanting genuine Hong Kong culinary experiences. Additionally, the Central location provides restaurants with access to premium suppliers, reliable utilities, and proximity to other successful food and beverage establishments, creating a thriving dining ecosystem that supports business growth and customer retention in one of Asia's most dynamic financial hubs.
How much does it cost to rent a restaurant on Li Yuen Street West, Central, Hong Kong?
The cost to rent a restaurant space on Li Yuen Street West in Central, Hong Kong typically ranges from HK$80 to HK$150 per square foot per month, depending on the specific location, size, and condition of the property. Li Yuen Street West restaurant rental prices are influenced by its prime Central district location, high foot traffic from tourists and office workers, and proximity to major shopping areas and business centers. Ground floor restaurant spaces on Li Yuen Street West generally command higher rents due to better visibility and accessibility, while upper floor locations may offer more competitive rates. Additional costs for restaurant rental in Central Hong Kong include government rates, management fees, utility deposits, and potentially significant key money or premium payments that can range from several hundred thousand to millions of Hong Kong dollars. Prospective restaurant operators should budget for monthly rents starting around HK$50,000 for smaller spaces up to HK$200,000 or more for larger establishments, with total initial investment including deposits, renovations, and key money often exceeding HK$2-5 million for a typical Li Yuen Street West restaurant location.
What type of restaurant can be found on Li Yuen Street West, Causeway Bay, Hong Kong?
Li Yuen Street West in Causeway Bay, Hong Kong is home to a diverse array of restaurant types that cater to both locals and tourists visiting this bustling shopping district. The street features traditional Cantonese dim sum restaurants, popular cha chaan teng (tea restaurants) serving Hong Kong-style cafe food, authentic Chinese noodle houses, and international dining options including Japanese, Korean, and Western cuisine establishments. Many of the restaurants on Li Yuen Street West are casual dining venues that offer affordable meals, making them particularly popular with office workers and shoppers exploring the nearby street markets. The area is especially known for its quick-service eateries and local Hong Kong comfort food restaurants that serve dishes like wonton noodles, roast duck rice, milk tea, and pineapple buns. Visitors to Li Yuen Street West can also find small family-run restaurants that have been serving traditional Cantonese cuisine for decades, alongside modern fusion restaurants that blend Eastern and Western flavors to create unique dining experiences in the heart of Causeway Bay.