Market rent increase put on ice

POTENTIAL rent increases for Rotherham's market traders are to be deferred.

Rotherham Borough Council has confirmed that following consultations with the traders at the town's Centenary Market it has agreed to defer any increases in rent until next year.

The decision was made following a recent meeting with market trader representatives who reported that the Centenary Market, with its indoor and outdoor sections, continues to attract shoppers despite the economic difficulties.

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However, the authority agreed that any increased charges could have a detrimental effect on some traders.

It has therefore been agreed to delay any rent review until the end of the current 2010/11 financial year.

The Indoor and Outdoor Markets currently provide stalls for more than 260 independent traders and attract 85,000 visitors a week.

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