F&B Units for Rent on Lockhart Road, Hong Kong
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Why rent a restaurant on Lockhart Road, Wan Chai, Hong Kong?
Renting a restaurant on Lockhart Road in Wan Chai, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant dining and entertainment districts. Lockhart Road Wan Chai is famous for its bustling nightlife scene, attracting both locals and tourists who frequent the area's numerous bars, clubs, and restaurants throughout the week. The high foot traffic on Lockhart Road provides excellent visibility and customer flow for restaurant businesses, while the area's reputation as a culinary hotspot ensures strong market demand for diverse dining options. Wan Chai's central location offers easy access via MTR stations and bus routes, making it convenient for customers from across Hong Kong Island and beyond. The street's established reputation for quality dining experiences, combined with competitive rental rates compared to Central or Tsim Sha Tsui, makes Lockhart Road an attractive investment for restaurateurs looking to establish or expand their presence in Hong Kong's competitive food and beverage market. Additionally, the area's mix of office workers, residents, and tourists provides a steady customer base throughout different times of the day and week.
How much does it cost to rent a restaurant on Lockhart Road, Wan Chai, Hong Kong?
The cost to rent a restaurant on Lockhart Road in Wan Chai, Hong Kong typically ranges from HK$80,000 to HK$300,000 per month depending on the size, location, and condition of the property. Ground floor restaurant spaces with street frontage on this popular dining and nightlife strip command premium prices, often exceeding HK$200 per square foot monthly. Smaller restaurant units of 500-800 square feet may rent for HK$80,000 to HK$150,000 monthly, while larger establishments spanning 1,500-2,000 square feet can cost HK$200,000 to HK$300,000 per month. Prime locations near the MTR station or major intersections along Lockhart Road generally demand higher rental rates due to increased foot traffic and visibility. Additional costs include a security deposit equivalent to 2-3 months rent, government rates and management fees, plus potential key money payments to secure desirable restaurant spaces in this competitive Wan Chai district. Restaurant operators should budget for total occupancy costs including utilities, which can add 10-15% to the base rental amount when planning to lease on Lockhart Road.
What type of restaurant can be found on Lockhart Road, Causeway Bay, Hong Kong?
Lockhart Road in Causeway Bay, Hong Kong is renowned for its diverse array of restaurants catering to both locals and tourists seeking authentic dining experiences. This bustling street features traditional Cantonese dim sum restaurants, local cha chaan tengs (tea restaurants) serving Hong Kong-style comfort food, and numerous seafood establishments offering fresh catches prepared in classic Chinese styles. Visitors can also find international cuisine including Japanese sushi bars, Korean barbecue restaurants, Thai eateries, and Western-style pubs and bistros. The area is particularly famous for its late-night dining scene, with many restaurants and food stalls remaining open until the early hours of the morning. Street food vendors line portions of Lockhart Road, offering popular Hong Kong snacks like fish balls, egg waffles, and stinky tofu. Whether you're looking for upscale dining establishments, casual family restaurants, or budget-friendly local eateries, Lockhart Road in Causeway Bay provides an extensive selection of culinary options that showcase both traditional Hong Kong flavors and international cuisines in one of the city's most vibrant dining districts.
