Leeds City Council has approved a 20 per cent rent reduction for traders to compensate for trading conditions during the multi-million pound refurbishment to the market.
The report, which was presented to the council’s executive board today(17 September), proposed a 20 per cent rent reduction for traders until September 2015 to compensate for trading conditions during the construction work and also to inject £100,000 into the project, so as to allow for the temporary relocation of Fish and Game Row traders during more extensive works as part of the refurbishment.
In recognition of the trading conditions which will be caused by the detailed construction work included to certain parts of Kirkgate Market it is proposed that as of 1 October 2014 until 30 September 2015, traders that are affected by this work will be offered a rent reduction.
The council is keen to ensure that as much of the market as possible remains open and trading during the period of construction. The inevitable disruption from these works means the fish and game row area will need to close temporarily. To combat this, the council is offering traders affected, alternative accommodation in vacant units alongside other fresh food traders on the existing Butchers’ Row. This will enable the works to be completed in one go minimising disruption for traders.
Councillor Richard Lewis, Leeds City Council executive board member with responsibility for transport and the economy said:
“It is essential that we improve Kirkgate Market to make it more attractive to today’s customers and traders, and to build on the many distinct advantages the market already has.
“We are aware however, that any project of this scale is going to cause disruption, and therefore we are putting plans in place early on to ensure we minimise disruption to traders and customers alike during this time of exciting change.”
For further information contact
Cat Lindley, Leeds City Council communications team
Tel: 0113 247 4450