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£1,750,000

Former 5th Avenue, Laxton Square, City Road, Peterborough, Cambridgeshire, PE1

Key Features

  • Implemented co-living residential planning consent
  • Existing premises licence
  • Suitable for a variety of uses
  • Extremely rare opportunity to buy large city centre freehold

Description

The property, originally a County Court building was more
recently used as a bar and nightclub although has been closed for
a number of years.

The building is arranged over basement, ground, first and second
floors and is in need of complete refurbishment or redevelopment.

The current owners have implemented the planning consent for
change of use to a "Co-Living" scheme and plans and further
information is available from the agents. The premises also benefit
from an existing Premises licence for music and retail of alcohol,
between 10:00 and 23:00 hours Monday to Saturday and 12:00
to 22:30 hours on Sundays. A copy of the licence is available upon
request from the agents but the property lends itself to being developed for a pub or restaurant facility and represents an extremely rare opportunity to buy a large city centre freehold for this use.

Map Location

Property details

Tenure
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Council Tax Band
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Date Posted
2026-07-18

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Listed status, conservation areas and planning constraints for this location are in the full report.

Property Features

Accessibility
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Parking
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Garden
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Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.

Connectivity

Broadband

Fastest speed available at this postcode

5.5 Gbps

Gigabit full fibre

Suitable for

  • 4K streaming on every screen
  • Full-time home working
  • Online gaming & big downloads

Mobile signal

No address-level signal records for this postcode, which is common for bare land.

Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.

Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.

Nearest Schools

Primary

  • Bishop Creighton Academy347 metresOfsted: Good
    Ages
    4 to 11
    Pupils
    203
    Type
    Academy converter
  • The Beeches Primary School687 metresOfsted: Good
    Ages
    5 to 11
    Pupils
    619
    Type
    Community school
  • The King's (The Cathedral) School762 metresOfsted: Outstanding
    Ages
    7 to 18
    Pupils
    1,256
    Type
    Academy converter
    Faith
    Church of England
  • Lime Academy Abbotsmede946 metresOfsted report card · Jun 2026
    Ages
    3 to 11
    Pupils
    423
    Type
    Academy sponsor led
  • Queen's Drive Infant School0.8 milesOfsted: Good *
    Ages
    5 to 7
    Pupils
    208
    Type
    Community school

Secondary

  • The King's (The Cathedral) School762 metresOfsted: Outstanding
    Ages
    7 to 18
    Pupils
    1,256
    Type
    Academy converter
    Faith
    Church of England
  • St John Fisher Catholic High School0.8 milesNo Ofsted rating
    Ages
    11 to 18
    Type
    Academy converter
    Faith
    Roman Catholic
  • Greater Peterborough UTC0.8 milesOfsted: Good
    Ages
    11 to 19
    Pupils
    464
    Type
    University technical college
  • Thomas Deacon Academy0.9 milesOfsted: Good *
    Ages
    7 to 19
    Pupils
    2,256
    Type
    Academy sponsor led
  • City of Peterborough Academy1 mileOfsted: Good
    Ages
    11 to 16
    Pupils
    853
    Type
    Free schools

* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.

Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.

Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.

Amenities

Supermarket

Tesco Peterborough Hereward Cross Express, Peterborough141 metres
Spar - Boongate Service Station, Peterborough242 metres
Asda Peterborough Superstore, Peterborough734 metres

GP surgery

Boroughbury Medical Centre544 metres

Pharmacy

Shrives Chemist235 metres

Hospital

Peterborough City Hospital1.8 miles

Green space

Playing Field172 metres

Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.

The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.

Getting Around

Nearest station

Peterborough Rail Station724 metres

Nearest bus stop

Northminster114 metres

Typical drive times

Crowland13 min · 9.8 miles
Whittlesey13 min · 7.8 miles
Market Deeping14 min · 11 miles
Peterborough (city)5 min · 1.8 miles

Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.

Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.

Flood Risk

Environment Agency open data, checked around the advertised map pin for the listed acreage. Long-term risk counts flood defences; the planning map's flood zones do not. The map pin for this listing marks the postcode area rather than the exact location, so these readings describe the surrounding area. Provided by LandSale, not the listing agent, and not part of the agent's particulars. Risk varies across a holding, so verify before committing.

Rivers and the sea

Very low risk

Planning map: Flood Zone 1.

Surface water

High risk (1 in 30)

Not at the pin: mapped about 10 metres away.

These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.

Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

Contact Eddisons Commercial Limited, Peterborough

The Lawns, 33 Thorpe Road, Peterborough, PE3 6AB

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