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Police closed Bourges Boulevard between Westfield Road and Mayor’s Walk as firefighters from both Cambridgeshire and Lincolnshire tackled the blaze.
A Cambridgeshire Fire and Rescue Service spokeswoman said the cause of the fire has yet to be determined.
Large fire in former Toys R Us store in Peterborough
Emergency services have been dealing with a large fire overnight at the former Toys R Us store in Peterborough.
Pictures have been posted on social media showing the building in Bourges Boulevard in flames. The fire started shortly after midnight.
Police have recently re-opened the surrounding roads. An investigation into how it started will now begin.