Final development opportunity launched at flagship waterfront scheme

Eddisons incorporating Barker Storey Matthews has just announced the launch of the final development plot for sale at Fletton Quays, Peterborough.

Fletton Quays is the city’s flagship, waterside development, fronting the River Nene and Plot 4, is the latest – and final – development opportunity offered for sale.

Known as ‘FQ4’, the property for sale is a former Victorian goods shed associated with the old Peterborough East railway station, and extends to 12,357 sq ft (1,148 sq m) with a total site area of 0.815 acres (0.33 ha).

The property has outline planning consent for a variety of commercial uses including retail, leisure, community and arts, education and medical.

Fletton Quays is the largest development in Peterborough city centre for over 40 years.

Covering over 6.5 hectares, it hosts the new headquarters of the City Council and the Construction Industry Training Board (CITB). With retail units already let to café occupiers, it has a 400 space multi-storey car park.

Development has also commenced on a new 70,000 sq ft office building, providing a ‘Government hub’ for the Passport Agency and other official departments.

The residential element of Fletton Quays sees 350 high quality apartments built, with further homes planned as part of the ongoing development which also includes a new 160-hotel being built on behalf of Hilton Garden Inn.

Fletton Quays is on the southern bank of the River Nene and FQ4 is immediately opposite the site selected for the new University of Peterborough on the north bank, close to the Key Theatre, with plans for a new footbridge to connect each side of the river.

The relocation of the Peterborough United FC’s stadium has seen a site close to Fletton Quays identified as a suitable location too.

Commenting on the launch of FQ4, Julian Welch, Director, Eddisons, said, “Fletton Quays was always going to be a landmark project in Peterborough and the development is already delivering high quality space.

“The development is transforming a previously derelict part of the city and will inject a vibrancy that will help to take Peterborough towards its next phase of economic growth.

“FQ4 offer the last opportunity to be part of this exciting scheme.”

Eddisons is acting on behalf of Peterborough Investment Partnership in the sale of Plot FQ4 where bids are to meet a deadline of 12 noon on Friday 14 May 2021.

Access to the site is restricted and by appointment only. Price on application.