This freehold commercial site spans approximately 2.57 acres in the village of Thorney, near Peterborough, offering a substantial opportunity for investors and developers alike. Currently generating an annual rental income of £100,000 from two tenants, this property not only provides immediate cash flow but also showcases considerable potential for further development or redevelopment, subject to appropriate planning permissions. The site, which includes yard space and built structures enclosed by a palisade fence, has previously received planning consent for 14 residential dwellings, indicating a pathway for future residential development despite that approval having lapsed. It is designated as allocated employment land under the local plan and benefits from excellent transport links via the nearby A47 and A15, making it ideal for haulage or storage operations. Given its flood zone designation (Flood Zone 3), developers should consider conducting a flood risk assessment as part of any refurbishment plans. Overall, this property presents a unique blend of generating income while being ripe for strategic enhancement or repurposing.
