F&B Units for Rent on Tsun Yuen Street, Hong Kong

Why rent a restaurant on Tsun Yuen Street, Happy Valley, Hong Kong?

Renting a restaurant on Tsun Yuen Street in Happy Valley, Hong Kong offers exceptional business opportunities for food entrepreneurs seeking a prime location in one of the city's most vibrant neighborhoods. This strategic location provides excellent foot traffic from local residents, office workers, and tourists exploring the famous Happy Valley Racecourse area, ensuring consistent customer flow throughout the week. Tsun Yuen Street benefits from excellent transportation links with nearby MTR stations and bus routes, making it easily accessible for diners from across Hong Kong Island. The street's established dining scene creates a natural restaurant cluster that attracts food lovers, while the mix of residential buildings and commercial spaces provides a steady base of regular customers alongside occasional diners. Restaurant rental properties on Tsun Yuen Street typically offer competitive lease rates compared to Central or Causeway Bay, while still maintaining high visibility and accessibility. The area's reputation as a food destination, combined with Happy Valley's family-friendly atmosphere and proximity to major shopping areas, makes Tsun Yuen Street an ideal location for restaurants targeting both local Hong Kong residents and international visitors seeking authentic dining experiences.

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

The cost to rent a restaurant on Tsun Yuen Street in Happy Valley, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location within the street, and condition of the property. Restaurant rental prices on Tsun Yuen Street vary significantly based on factors such as square footage, street-level visibility, existing kitchen equipment, and proximity to the Happy Valley Racecourse and local residential complexes. Smaller restaurant spaces of 500-800 square feet may start around HK$80,000 monthly, while larger establishments exceeding 1,500 square feet can command rents of HK$150,000 to HK$200,000 or more per month. Happy Valley restaurant rentals on Tsun Yuen Street often require additional costs including government rates, management fees, utility deposits, and renovation expenses that can add 20-30% to the base rental cost. Prospective restaurant operators should budget for key money or premium payments, which are common in Hong Kong's competitive F&B market, and consider that prime corner locations or spaces with existing restaurant licenses may demand higher rental rates due to Tsun Yuen Street's popularity among both locals and tourists visiting the Happy Valley area.

What type of restaurant can be found on Tsun Yuen Street, Causeway Bay, Hong Kong?

Tsun Yuen Street in Causeway Bay, Hong Kong is home to a diverse range of restaurants that cater to both locals and tourists visiting this bustling shopping district. The street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), international cuisine options including Japanese sushi bars and Korean barbecue establishments, as well as popular local noodle shops and congee specialists. Many of these Tsun Yuen Street restaurants offer affordable dining options perfect for shoppers exploring the nearby Times Square and Sogo department stores, with some establishments operating 24 hours to serve the area's vibrant nightlife scene. From quick street food vendors serving fish balls and egg waffles to upscale dining venues offering premium Cantonese cuisine, Tsun Yuen Street restaurants provide an authentic taste of Hong Kong's famous food culture in the heart of Causeway Bay's commercial center.