F&B Units for Rent on Tung Shan Terrace, Hong Kong
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Why rent a restaurant on Tung Shan Terrace, Happy Valley, Hong Kong?
Renting a restaurant on Tung Shan Terrace in Happy Valley, Hong Kong offers exceptional business opportunities in one of the city's most vibrant residential and commercial districts. This prime location provides high foot traffic from both local residents and tourists, as Happy Valley is renowned for its famous racecourse, upscale residential complexes, and bustling nightlife scene. Restaurant operators benefit from the area's excellent transportation links, including nearby MTR stations and bus routes, making it easily accessible to customers from across Hong Kong Island. Tung Shan Terrace specifically attracts a diverse clientele of affluent locals, expatriates, and visitors seeking quality dining experiences, while the competitive rental rates compared to Central or Tsim Sha Tsui make it an attractive option for restaurateurs looking to establish or expand their presence in Hong Kong's dynamic F&B market. The area's established reputation as a dining destination, combined with strong evening and weekend traffic from Happy Valley's entertainment venues, creates ideal conditions for restaurant success and sustainable revenue growth.
How much does it cost to rent a restaurant on Tung Shan Terrace, Happy Valley, Hong Kong?
The cost to rent a restaurant on Tung Shan Terrace 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 Tung Shan Terrace vary significantly based on factors such as square footage, ground floor versus upper floor positioning, existing kitchen facilities, and proximity to Happy Valley Racecourse. Smaller restaurant spaces of 800-1,200 square feet may start around HK$80,000 monthly, while larger establishments exceeding 2,000 square feet can command HK$150,000 to HK$200,000 or more per month. Additional costs for restaurant tenants on Tung Shan Terrace include government rates, management fees, utility deposits, and potential premium payments for key money or renovation allowances. Happy Valley restaurant rental market remains competitive due to the area's popularity among locals and tourists, particularly during racing season, making Tung Shan Terrace an attractive but expensive location for food and beverage businesses seeking high foot traffic and established dining reputation.
What type of restaurant can be found on Tung Shan Terrace, Causeway Bay, Hong Kong?
Tung Shan Terrace in Causeway Bay, Hong Kong is home to a diverse collection of restaurants offering various international cuisines and local Hong Kong specialties. Visitors to this popular dining street can find everything from traditional Cantonese dim sum restaurants and authentic Chinese noodle shops to modern Japanese sushi bars, Korean barbecue establishments, and Western-style cafes. The area is particularly known for its mix of casual eateries and upscale dining venues, including seafood restaurants, hot pot establishments, and trendy fusion cuisine spots that cater to both locals and tourists exploring Causeway Bay's vibrant food scene. Many of these restaurants on Tung Shan Terrace feature both indoor seating and outdoor dining options, making it a popular destination for food enthusiasts looking to experience Hong Kong's renowned culinary culture in one of the city's most bustling shopping and entertainment districts.