F&B Units for Rent on Min Fat Street, Hong Kong

Why rent a restaurant on Min Fat Street, Happy Valley, Hong Kong?

Renting a restaurant on Min Fat Street in Happy Valley, Hong Kong offers exceptional business opportunities in one of the city's most vibrant dining districts. Min Fat Street restaurant rentals benefit from heavy foot traffic due to the area's proximity to Happy Valley Racecourse, residential complexes, and office buildings, ensuring a steady stream of potential customers throughout the day. The location provides excellent accessibility via multiple MTR stations and bus routes, making it convenient for both locals and tourists to visit your establishment. Happy Valley's diverse demographic includes expatriates, young professionals, and families, creating a varied customer base that supports different restaurant concepts from casual dining to upscale establishments. The street's existing reputation as a food destination means reduced marketing costs for new restaurant businesses, while competitive rental rates compared to Central or Tsim Sha Tsui districts allow for better profit margins. Additionally, Min Fat Street offers flexible lease terms and various property sizes suitable for different restaurant formats, from intimate cafes to larger dining spaces, making it an ideal choice for both new restaurateurs and established restaurant chains looking to expand in Hong Kong's competitive F&B market.

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

The cost to rent a restaurant on Min Fat Street in Happy Valley, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, location along the street, and condition of the property. Restaurant rental prices on Min Fat Street vary significantly based on factors such as square footage, street-level visibility, existing kitchen equipment, and proximity to the Happy Valley Racecourse and other popular attractions. Smaller restaurant spaces of 500-800 square feet may cost between 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. Additional costs for restaurant rentals in Happy Valley include government rates, management fees, utility deposits, and potential premium payments for key money or goodwill, which can add 20-30% to the base rental cost. Prospective restaurant tenants should also budget for licensing fees, renovation costs, and equipment installation when calculating the total investment required to open a restaurant on Min Fat Street in this prime Hong Kong dining district.

What type of restaurant can be found on Min Fat Street, Causeway Bay, Hong Kong?

Min Fat Street in Causeway Bay, Hong Kong, is home to a diverse array of restaurants that cater to both local and international tastes. This bustling street in one of Hong Kong's premier shopping and dining districts features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs (tea restaurants), upscale international cuisine establishments, and popular chain restaurants. Visitors to Min Fat Street can find everything from traditional Hong Kong-style cafes serving milk tea and pineapple buns to modern fusion restaurants, Japanese sushi bars, Korean barbecue joints, and Western dining options. The street's proximity to major shopping centers like Times Square and Sogo makes it a popular destination for both tourists and locals seeking quality dining experiences, with restaurant options ranging from budget-friendly local eateries to high-end establishments offering fine dining experiences in the heart of Causeway Bay's vibrant food scene.