The most common and most likely answer to this crossword clue is the 7 letter word JOGTROT
I've seen this crossword clue in The Guardian
J
O
G
T
R
O
T
More clues leading to the result JOGTROT
Buddy explains!

The straight part
We know that "P/ace" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case p/ace = jogtrot.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does JOGTROT mean?
JOGTROT noun- A slow, regular, jolting gait.
- To move with a slow, regular, jolting gait.