Summary - Land Parcel, Maskew Avenue, Peterborough, PE1 2AS PE1 2AS
1 bed 1 bath Retail Property (high street)
Large vacant site with redevelopment potential in Peterborough’s main trade hub.
- Freehold rectangular parcel approx 0.56–0.58 acres
- Located on Maskew Avenue retail/trade corridor, excellent road links
- Three-phase electricity present; other utilities to be installed
- Vacant possession; site derelict since 2018
- Suitable for storage, light industrial or multi-unit trade use (subject to planning)
- Slow broadband and high local crime noted
- Located in very deprived area; remediation and services costs likely
- Offers invited in excess of £400,000
A substantial freehold parcel of land of approximately 0.56–0.58 acres in Peterborough’s primary retail and trade counter corridor. The rectangular, fenced site sits within a busy commercial park off Bourges Boulevard with immediate access to the A47 bypass, parkway network and strong nearby occupiers such as B&Q, Currys, Aldi and Wren Kitchens. Three-phase power is already on site; other services will need to be provided by the purchaser.
The site has been redundant since 2018 and is currently derelict, offering immediate vacant possession and clear scope for redevelopment. Pegasus planning notes indicate potential for a variety of commercial uses subject to planning — examples include open storage, self-storage, light industrial or a small multi-unit trade development. Its location and size make it well-suited to occupiers needing good road and rail connectivity.
Buyers should note material considerations plainly: the site requires utility connections (water and other services), has slow broadband, and sits in a high-crime, very deprived local area. Any development will rely on securing appropriate planning consent and budget for remediation and installation of services. These factors reduce upfront usability but also lower entry cost and allow repositioning opportunity for the right investor or operator.
For firms seeking an expansion or investors targeting redevelopment in a high-throughput commercial location, this plot offers scale, visibility and flexible commercial potential. Offers are invited in excess of £400,000 with vacant possession — suitable for an owner-operator or developer prepared to invest in services, remediation and planning.
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