F&B Units for Rent on Eastern Street North, Hong Kong
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Why rent a restaurant on Eastern Street North, Sai Ying Pun, Hong Kong?
Renting a restaurant on Eastern Street North in Sai Ying Pun, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and rapidly developing neighborhoods. This prime location provides excellent foot traffic from both local residents and tourists exploring the trendy Sai Ying Pun district, which has transformed into a popular dining and entertainment hub. Eastern Street North benefits from convenient MTR connectivity, making it easily accessible to customers from across Hong Kong Island, while the area's mix of young professionals, expatriates, and local families creates a diverse customer base with strong spending power. The street's proximity to major commercial areas, universities, and residential complexes ensures consistent daily traffic, while competitive rental rates compared to Central or Causeway Bay make it an attractive option for restaurateurs seeking high visibility without premium district pricing. Additionally, Sai Ying Pun's reputation as an emerging culinary destination means restaurants on Eastern Street North can capitalize on the area's growing food scene, with opportunities to attract food bloggers, social media influencers, and dining enthusiasts who frequently visit the neighborhood to discover new culinary experiences.
How much does it cost to rent a restaurant on Eastern Street North, Sai Ying Pun, Hong Kong?
The cost to rent a restaurant on Eastern Street North in Sai Ying Pun, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, condition, and exact location of the property. Restaurant rental prices in Sai Ying Pun have become increasingly competitive due to the area's growing popularity among young professionals and its excellent transport links, with ground floor spaces commanding premium rates of HK$120 to HK$180 per square foot monthly. Factors affecting restaurant rental costs on Eastern Street North include foot traffic, proximity to MTR stations, kitchen facilities, and whether the space comes with existing restaurant licenses and equipment. Properties closer to the University of Hong Kong and main thoroughfares generally cost more, while smaller establishments or those requiring significant renovation may be available at the lower end of the price range. Prospective tenants should also budget for additional costs including government licensing fees, utility deposits, and potential key money payments which can add 20-30% to the initial rental outlay when securing a restaurant space in this desirable Sai Ying Pun location.
What type of restaurant can be found on Eastern Street North, Causeway Bay, Hong Kong?
Eastern Street North in Causeway Bay, Hong Kong offers a diverse array of restaurant types that cater to both locals and tourists in this bustling shopping district. Visitors can find traditional Cantonese dim sum restaurants serving authentic Hong Kong-style dumplings and tea, alongside modern fusion establishments that blend Asian and Western cuisines. The street features numerous Chinese restaurants specializing in regional dishes from across mainland China, including Sichuan, Beijing, and Shanghainese cuisine. International dining options are abundant, with Japanese sushi bars, Korean BBQ restaurants, Thai eateries, and Western-style cafes and bistros lining the street. Fast-casual dining chains and local cha chaan tengs (tea restaurants) provide quick meal options for busy shoppers, while upscale fine dining establishments offer premium experiences with panoramic harbor views. Street food vendors and takeaway counters also contribute to the vibrant food scene, making Eastern Street North a comprehensive dining destination that reflects Hong Kong's multicultural culinary landscape and serves as a food hub in the heart of Causeway Bay's commercial district.