F&B Units for Rent on Village Terrace, Hong Kong

Why rent a restaurant on Village Terrace, Happy Valley, Hong Kong?

Village Terrace in Happy Valley, Hong Kong offers exceptional opportunities for restaurant rental with its prime location in one of the city's most vibrant dining districts. Restaurants for rent on Village Terrace benefit from high foot traffic due to the area's proximity to Happy Valley Racecourse, residential complexes, and busy commercial zones, ensuring consistent customer flow throughout the week. The location provides excellent accessibility via multiple public transportation options including buses and trams, making it easily reachable for both locals and tourists. Village Terrace restaurant spaces typically feature competitive rental rates compared to Central or Tsim Sha Tsui while still offering premium exposure to Hong Kong's diverse dining market. The area's established reputation as a food and entertainment hub attracts food enthusiasts seeking new culinary experiences, providing restaurant operators with a built-in customer base. Additionally, the neighborhood's mix of residential buildings and office complexes creates steady demand for both casual dining and business lunch options, allowing restaurant owners to capture multiple market segments. The supportive local business environment and proximity to other successful restaurants create a synergistic effect that benefits all dining establishments in the Village Terrace area.

How much does it cost to rent a restaurant on Village Terrace, Happy Valley, Hong Kong?

The cost to rent a restaurant on Village 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 Village Terrace Happy Valley vary significantly based on factors such as square footage, ground floor versus upper floor positioning, existing kitchen facilities, and proximity to the Happy Valley MTR station. Smaller restaurant spaces of around 800-1,200 square feet may cost between HK$80,000 to HK$120,000 monthly, while larger establishments exceeding 2,000 square feet can command rents of HK$150,000 to HK$200,000 or more per month. Additional costs for renting a restaurant in Happy Valley Village Terrace include government rates, management fees, utilities, and potential key money or security deposits that can range from 2-6 months rent. The Village Terrace area benefits from high foot traffic due to its proximity to Happy Valley Racecourse and residential complexes, making it an attractive but competitive location for restaurant businesses with correspondingly higher rental costs compared to other Hong Kong districts.

What type of restaurant can be found on Village Terrace, Causeway Bay, Hong Kong?

Village Terrace in Causeway Bay, Hong Kong is home to a diverse collection of restaurants that cater to both local and international tastes. This popular dining destination features several high-end establishments including fine dining restaurants specializing in contemporary European cuisine, authentic Cantonese restaurants serving traditional dim sum and seafood dishes, and upscale Japanese restaurants offering fresh sushi and teppanyaki. Visitors to Village Terrace can also find trendy cafes perfect for afternoon tea, stylish cocktail bars and lounges, as well as fusion restaurants that blend Asian and Western culinary traditions. The restaurant scene on Village Terrace Causeway Bay is particularly known for its premium dining experiences, rooftop venues with stunning harbor views, and establishments that attract both business professionals and tourists looking for memorable meals in one of Hong Kong's most vibrant shopping and entertainment districts.