It's part of a 15-year deal
The café bar chain has taken a 4,265 sq ft unit, at an initial rent of £100,000 per annum. It will now join anchor Animate tenants The Arc Cinema and Hollywood Bowl, as well as other national and regional restaurants and a street food hub.
Only three units are now left: Unit 4 in centre of parade ; Unit 6 and the competitive social space. Bradys and CBRE are the joint lettings agents for Animate and advised Maple Grove Developments. Councillor David Borrow, Cabinet Member for Planning and Regulation said: “Loungers is a substantial operator in the UK hospitality sector and the business has proved to be one of the rising stars in the industry over the past three years. It’s commitment to Animate is testament to the attractiveness of Preston as a great place to invest in and do business here.”
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