F&B Units for Rent on Luen Wan Street, Hong Kong

Why rent a restaurant on Luen Wan Street, Mong Kok, Hong Kong?

Renting a restaurant on Luen Wan Street in Mong Kok, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's busiest commercial districts. This vibrant street benefits from heavy foot traffic generated by nearby shopping centers, residential complexes, and the proximity to Mong Kok MTR station, ensuring a steady stream of potential customers throughout the day. The area's diverse demographic mix of locals, tourists, and young professionals creates an ideal customer base for various dining concepts, from casual eateries to trendy cafes. Luen Wan Street's strategic position in Mong Kok provides excellent visibility and accessibility, with competitive rental rates compared to other prime Hong Kong locations like Central or Causeway Bay. The street's established food and beverage scene, combined with Mong Kok's reputation as a shopping and entertainment hub, creates a supportive environment for restaurant businesses to thrive. Additionally, the area's excellent public transportation connections and proximity to major attractions make it easily accessible for both local patrons and tourists seeking authentic Hong Kong dining experiences, making Luen Wan Street an attractive investment opportunity for restaurateurs looking to establish or expand their presence in Hong Kong's competitive F&B market.

How much does it cost to rent a restaurant on Luen Wan Street, Mong Kok, Hong Kong?

The cost to rent a restaurant on Luen Wan Street in Mong Kok, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location, and condition of the property. Restaurant rental prices on Luen Wan Street vary significantly based on factors such as floor area, street-level accessibility, existing kitchen facilities, and proximity to major shopping areas and MTR stations. Ground floor restaurant spaces with high foot traffic visibility generally command premium rents of HK$150,000 to HK$200,000 monthly, while upper floor locations may be available for HK$80,000 to HK$120,000 per month. Additional costs for renting a restaurant in Mong Kok include security deposits equivalent to 2-3 months rent, government rates and management fees, and potential renovation expenses to customize the space for your specific restaurant concept. Prospective tenants should also budget for licensing fees, utility deposits, and equipment installation when calculating the total cost of establishing a restaurant business on Luen Wan Street.

What type of restaurant can be found on Luen Wan Street, Causeway Bay, Hong Kong?

Luen Wan 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 features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), Japanese sushi bars, Korean BBQ establishments, and contemporary fusion dining venues. Visitors to Luen Wan Street can enjoy everything from street food stalls serving fish balls and egg waffles to upscale fine dining restaurants offering international cuisine. The area is particularly known for its seafood restaurants, hotpot establishments, and traditional Chinese restaurants that serve roast duck and other Cantonese specialties. Many of these Causeway Bay restaurants on Luen Wan Street operate late into the night, making it a popular destination for both lunch and dinner dining experiences in one of Hong Kong's most vibrant shopping and entertainment districts.