£50,000 pa
Switch, Unit 1, Lowthian House Market Street, Preston
This is a rare opportunity to secure one of Preston’s most iconic and versatile leisure spaces. Positioned in the heartbeat of the city centre, Unit 1, Lime House (PR1 2ES) offers a massive 19,190 sq ft of lower-ground-floor space.
Formerly the legendary Switch and Squires nightclub, this property is far more than just a basement,it is a subterranean landmark. With the massive Animate development opening right next door (featuring Wagamama, Loungers, and Hollywood Bowl), this unit is perfectly placed to ride the wave of Preston’s multi-million-pound Harris Quarter regeneration.
A Subterranean Blank Canvas
Location: Unit 1, Lowthian House, Market Street, Preston, PR1 2ES
Size: Approx. 19,190 sq. ft. (1,782.7 sq. m.)
Type: Leisure / Commercial Space (E-Class Potential)
The Opportunity
Forget standard retail, this is for the visionaries. This quirky, expansive basement unit is a total blank canvas. It combines industrial-scale volume with a hidden gem atmosphere that only a basement property can provide. Whether you are looking to create the UK’s next big competitive socialising hub or a niche family entertainment centre, the infrastructure and footprint are already here.
Key Features
Prime Footfall: Located immediately adjacent to the new Animate leisure scheme, guaranteeing high traffic from cinema-goers and diners.
Massive Scale: Nearly 20,000 sq ft of open-plan space allowing for multiple zones, mezzanines, or private booths.
Ready-to-Go Leisure Use: Previously operated as a high-capacity nightclub with existing bar infrastructure and staircase access from a prominent ground-floor entrance.
Student Hub: Minutes away from UCLan, home to over 30,000 students looking for evening and weekend entertainment.
Quirky Character: The basement setting provides an automatic cool factor, perfect for immersive or atmospheric branding.
Potential Business Ideas
To help prospective tenants see the potential, here are several high-growth concepts perfect for this specific layout.
Competitive Socialising Megacentre: A hybrid of indoor Glow-in-the-Dark Mini Golf, Axe Throwing, and AR Darts. These businesses thrive in basement settings where lighting can be fully controlled.
Immersive Secret Dining & Cocktail Bar: A speakeasy-style entrance leading into a high-end, themed restaurant.
Family Entertainment Hub: A sprawling indoor adventure park featuring a ninja warrior course, trampoline zones, or a high-tech laser tag arena.
E-Sports & Gaming Arena: A dedicated hub for high-speed gaming, VR experiences, and tournament screening.
Bunker-Style Gym or Wellness Club: A high-end "industrial" fitness club or CrossFit box, taking advantage of the large floor plate and central location.
This property is ideal for "Leisure and Alternative categories. The world is your oyster.
Regeneration: You aren't just renting a unit; you are joining Preston’s new Leisure Quarter.
Viewing is essential to appreciate the sheer scale of this "blank canvas" opportunity.
Asking Rent: Circa £50,000 per annum (exclusive).
Terms: New FRI lease available.
Contact Pin A Property on 0116 319 3090 for more information and to arrange a viewing.
Deposit: £22,000
Holding Deposit: £5,000
Formerly the legendary Switch and Squires nightclub, this property is far more than just a basement,it is a subterranean landmark. With the massive Animate development opening right next door (featuring Wagamama, Loungers, and Hollywood Bowl), this unit is perfectly placed to ride the wave of Preston’s multi-million-pound Harris Quarter regeneration.
A Subterranean Blank Canvas
Location: Unit 1, Lowthian House, Market Street, Preston, PR1 2ES
Size: Approx. 19,190 sq. ft. (1,782.7 sq. m.)
Type: Leisure / Commercial Space (E-Class Potential)
The Opportunity
Forget standard retail, this is for the visionaries. This quirky, expansive basement unit is a total blank canvas. It combines industrial-scale volume with a hidden gem atmosphere that only a basement property can provide. Whether you are looking to create the UK’s next big competitive socialising hub or a niche family entertainment centre, the infrastructure and footprint are already here.
Key Features
Prime Footfall: Located immediately adjacent to the new Animate leisure scheme, guaranteeing high traffic from cinema-goers and diners.
Massive Scale: Nearly 20,000 sq ft of open-plan space allowing for multiple zones, mezzanines, or private booths.
Ready-to-Go Leisure Use: Previously operated as a high-capacity nightclub with existing bar infrastructure and staircase access from a prominent ground-floor entrance.
Student Hub: Minutes away from UCLan, home to over 30,000 students looking for evening and weekend entertainment.
Quirky Character: The basement setting provides an automatic cool factor, perfect for immersive or atmospheric branding.
Potential Business Ideas
To help prospective tenants see the potential, here are several high-growth concepts perfect for this specific layout.
Competitive Socialising Megacentre: A hybrid of indoor Glow-in-the-Dark Mini Golf, Axe Throwing, and AR Darts. These businesses thrive in basement settings where lighting can be fully controlled.
Immersive Secret Dining & Cocktail Bar: A speakeasy-style entrance leading into a high-end, themed restaurant.
Family Entertainment Hub: A sprawling indoor adventure park featuring a ninja warrior course, trampoline zones, or a high-tech laser tag arena.
E-Sports & Gaming Arena: A dedicated hub for high-speed gaming, VR experiences, and tournament screening.
Bunker-Style Gym or Wellness Club: A high-end "industrial" fitness club or CrossFit box, taking advantage of the large floor plate and central location.
This property is ideal for "Leisure and Alternative categories. The world is your oyster.
Regeneration: You aren't just renting a unit; you are joining Preston’s new Leisure Quarter.
Viewing is essential to appreciate the sheer scale of this "blank canvas" opportunity.
Asking Rent: Circa £50,000 per annum (exclusive).
Terms: New FRI lease available.
Contact Pin A Property on 0116 319 3090 for more information and to arrange a viewing.
Deposit: £22,000
Holding Deposit: £5,000
Reference: CL0080
