F&B Units for Rent on Eastern Street, Hong Kong

Why rent a restaurant on Eastern Street, Sai Ying Pun, Hong Kong?

Renting a restaurant on Eastern Street in Sai Ying Pun, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and rapidly developing neighborhoods. Eastern Street Sai Ying Pun benefits from excellent foot traffic due to its strategic location near the University of Hong Kong and major residential complexes, ensuring a steady stream of students, professionals, and local residents. The area's proximity to the MTR Sai Ying Pun station provides convenient access for customers from across Hong Kong Island, while the street's diverse mix of trendy cafes, international restaurants, and local eateries creates a thriving dining scene that attracts food enthusiasts. Restaurant rental costs on Eastern Street are generally more competitive compared to Central or Causeway Bay, offering better value for money while still maintaining high visibility and accessibility. The neighborhood's growing reputation as a hip, artistic district with numerous galleries, boutique shops, and young professionals makes it an ideal location for restaurateurs looking to establish a presence in Hong Kong's dynamic F&B market. Additionally, the area's blend of traditional Hong Kong culture and modern international influences provides restaurant owners with opportunities to cater to both local tastes and expatriate communities, maximizing potential customer base and revenue streams.

How much does it cost to rent a restaurant on Eastern Street, Sai Ying Pun, Hong Kong?

Restaurant rental costs on Eastern Street in Sai Ying Pun, Hong Kong typically range from HK$80,000 to HK$200,000 per month depending on the size, location, and condition of the property. Eastern Street restaurant spaces for rent generally command premium prices due to Sai Ying Pun's growing popularity as a dining destination and its proximity to Hong Kong's Central Business District. Smaller restaurant units of 500-800 square feet may cost between HK$80,000 to HK$120,000 monthly, while larger establishments exceeding 1,000 square feet can reach HK$150,000 to HK$200,000 per month. Additional costs for restaurant rental in Sai Ying Pun include government rates, management fees, utility deposits, and potential key money or premium payments to previous tenants. The final rental price for Eastern Street restaurant properties often depends on factors such as street-level visibility, foot traffic, nearby MTR accessibility, existing kitchen equipment, and the landlord's willingness to negotiate lease terms. Prospective restaurant operators should budget for at least 6-12 months of advance rent and consider engaging local commercial property agents who specialize in Sai Ying Pun restaurant leases to secure competitive rates.

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

Eastern Street in Causeway Bay, Hong Kong offers a diverse collection of restaurants catering to various tastes and budgets. Visitors can find traditional Cantonese dim sum restaurants serving authentic steamed dumplings and tea, popular local cha chaan tengs offering Hong Kong-style milk tea and pineapple buns, upscale seafood restaurants specializing in fresh catches, and international cuisine including Japanese sushi bars, Korean barbecue establishments, and Western dining options. The street is particularly known for its mix of casual street food vendors and mid-range family restaurants, making it a popular dining destination for both locals and tourists exploring Causeway Bay. Many of these Eastern Street restaurants stay open late into the evening, reflecting Hong Kong's vibrant food culture and providing convenient dining options for shoppers visiting the nearby Times Square and other Causeway Bay attractions.