The property is located in the historic Cathedral city of Peterborough in the northwest of the county of Cambridgeshire. It is approximately 35 miles northwest of Cambridge, 40 miles east of Leicester and 80 miles north of London. It sits on the border of East Anglia and the East Midlands. Peterborough is one of the fastest growing cities in the UK. It has a strong base of manufacturing and skilled tradespeople businesses with companies such as Perkins Engines, Royal Haskoning, Whirlpool, Forterra and Photocentric to name just a few. Industries such as these support a well-developed industrial and retail warehouse market across the city.
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The property comprises a parcel of land that was historically used as tennis courts and totals approximately 0.578 acres (0.234 hectares) in size. The plot forms a rectangular shape, following the original boundaries set by the fencing for the tennis courts. The site has become derelict having not been utilised for tennis purposes since late 2018. In terms of services to the site, 3 phase electricity is present on site with other utilities and water to be installed by the purchaser as required.
The property is nestled in the heart of Peterborough’s prime retail park location off Bourges Boulevard which connects the city centre to the A47 bypass and Peterborough’s parkway system, Maskew Avenue is the city’s primary retail warehousing and trade counter location with nearby occupiers including B&Q, Wren Kitchens, Currys, Aldi and Dunelm to name just a few.
The site has potential to be utilised in a variety of different ways such as open storage, self storage or light industrial / trade with a small scale single or multi-unit development. Further details on the planning / development potential of the site are outlined in the attached planning note produced by Pegasus.