F&B Units for Rent on Lung Wah Street, Hong Kong

Why rent a restaurant on Lung Wah Street, Kennedy Town, Hong Kong?

Renting a restaurant on Lung Wah Street in Kennedy Town, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and rapidly developing neighborhoods. This prime location provides restaurateurs with access to a diverse customer base including young professionals, expatriates, and local families who have made Kennedy Town their home due to its excellent MTR connectivity and waterfront lifestyle. Lung Wah Street benefits from high foot traffic and is surrounded by residential complexes, ensuring steady daily patronage while being part of Kennedy Town's thriving food and beverage scene that attracts food enthusiasts from across Hong Kong. The area's strategic position near the harbor, combined with relatively more affordable rental rates compared to Central or Causeway Bay, makes it an ideal choice for both established restaurateurs and newcomers looking to establish their presence in Hong Kong's competitive dining market. Additionally, Kennedy Town's reputation as a trendy neighborhood with a strong sense of community creates an excellent environment for restaurants to build loyal customer relationships and benefit from word-of-mouth marketing, while the area's ongoing development ensures long-term growth potential for restaurant businesses.

How much does it cost to rent a restaurant on Lung Wah Street, Kennedy Town, Hong Kong?

The cost to rent a restaurant on Lung Wah Street in Kennedy Town, 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 Lung Wah Street Kennedy Town have increased significantly in recent years due to the area's growing popularity and improved transportation links, with smaller establishments of 500-800 square feet generally commanding HK$80,000 to HK$120,000 monthly, while larger restaurant spaces exceeding 1,000 square feet can cost HK$150,000 to HK$200,000 or more per month. Additional costs for restaurant rental in Kennedy Town include management fees, utility deposits, and potential premium payments for ground floor locations with street-level access. The rental market for restaurants on Lung Wah Street is competitive, with many properties requiring 2-3 months deposit plus key money, making the total upfront investment for restaurant rental in this prime Kennedy Town location substantial for prospective restaurant operators.

What type of restaurant can be found on Lung Wah Street, Causeway Bay, Hong Kong?

Lung Wah Street in Causeway Bay, Hong Kong is home to a diverse array of restaurants that reflect the district's vibrant culinary scene. Visitors to this popular Hong Kong dining destination can find traditional Cantonese restaurants serving dim sum and roasted meats, authentic local cha chaan tengs offering Hong Kong-style cafe food, Japanese restaurants featuring sushi and ramen, Korean barbecue establishments, Italian pizzerias, and modern fusion eateries. The street particularly caters to both locals and tourists seeking affordable yet quality dining options, with many establishments specializing in quick service meals, late-night dining, and traditional Hong Kong comfort food. Causeway Bay's Lung Wah Street has become known for its concentration of Asian cuisine restaurants, including hotpot venues, noodle shops, and seafood restaurants, making it a popular food street that showcases Hong Kong's multicultural dining landscape and attracts food enthusiasts looking to experience authentic flavors in one of the city's busiest shopping and entertainment districts.