F&B Units for Rent on Lun Hing Street, Hong Kong

Why rent a restaurant on Lun Hing Street, Happy Valley, Hong Kong?

Renting a restaurant on Lun Hing Street in Happy Valley, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant dining districts. This bustling street attracts both local residents and tourists seeking authentic Hong Kong cuisine, providing restaurant owners with a steady stream of potential customers throughout the day. The area benefits from excellent transportation links, including nearby MTR stations and bus routes, making it easily accessible for diners from across Hong Kong Island. Lun Hing Street's established reputation as a food destination means reduced marketing costs for new restaurant ventures, as food enthusiasts already frequent the area to explore diverse culinary offerings. The street's mix of traditional cha chaan tengs, international restaurants, and trendy cafes creates a competitive yet supportive environment that encourages culinary innovation and attracts food lovers. Additionally, Happy Valley's residential density ensures a loyal local customer base, while the proximity to Central and Causeway Bay brings in office workers and shoppers looking for quality dining experiences. The relatively lower rental costs compared to prime Central locations, combined with high foot traffic and strong community support, make Lun Hing Street an ideal choice for entrepreneurs looking to establish a successful restaurant business in Hong Kong's dynamic food scene.

How much does it cost to rent a restaurant on Lun Hing Street, Happy Valley, Hong Kong?

The cost to rent a restaurant on Lun Hing Street in Happy Valley, Hong Kong varies significantly depending on the size, location within the street, and condition of the property. Restaurant rental prices on Lun Hing Street typically range from HKD 80,000 to HKD 200,000 per month for ground floor spaces, with smaller establishments on the lower end and larger corner units commanding premium rates. Happy Valley restaurant rentals generally require additional costs including government rates, management fees, and utilities, which can add approximately 15-20% to the base rent. The high foot traffic and established dining scene in Happy Valley make Lun Hing Street restaurant spaces highly sought after, with landlords often requesting 3-6 months rent as security deposit plus key money ranging from HKD 500,000 to HKD 1,500,000. Prospective restaurateurs should budget for total monthly occupancy costs of HKD 100,000 to HKD 250,000 when considering a restaurant rental on Lun Hing Street, factoring in the premium location within Hong Kong's competitive dining market.

What type of restaurant can be found on Lun Hing Street, Causeway Bay, Hong Kong?

Lun Hing Street in Causeway Bay, Hong Kong features a diverse collection of restaurants that cater to both local and international tastes. Visitors to this popular Hong Kong dining destination can find traditional Cantonese restaurants serving dim sum and authentic Chinese cuisine, alongside modern Asian fusion establishments that blend contemporary cooking techniques with classic flavors. The street also hosts several Japanese restaurants including sushi bars and ramen shops, reflecting Hong Kong's cosmopolitan dining scene. International options are well represented with Italian pizzerias, Western-style cafes, and casual dining establishments offering burgers and steaks. Many of the restaurants on Lun Hing Street Causeway Bay operate as both lunch and dinner venues, with some extending hours to accommodate Hong Kong's vibrant nightlife culture. The area is particularly known for its mid-range to upscale dining options, making it a popular choice for both business meals and special occasions among locals and tourists exploring Causeway Bay's renowned food scene.