Next week City of Lincoln Council’s Executive will hear proposals on new rent prices for the 37 new stalls in the refurbished Cornell market.
Subject to approval, plans would see more than half of the 37 stalls priced at a starting rent below £500 per month, with five stalls being charged at £350 per month and rent prices subject to the size and type of stall, such as general retail, fruit and vegetables, fish/meat and hot food and drink.
The city council, alongside letting agents Eddisons Incorporating Banks Long & Co, opened applications for businesses wishing to trade in the newly-renovated Cornhill Market in June, with more than60 potential stallholders having already come forward.
Formerly known as Lincoln Central Market, the Cornhill Market is set to open in the autumn, aiming to be known for exceptional produce and the unforgettable experience, with new opening times planned for Wednesday-Sundays, 9am – 10pm – to help serve the evening economy.
More than £7 million is being invested in the regeneration of the Market and adjacent City Square, via the government’s Towns Fund programme through the ‘Be Lincoln Town Deal’, and Heritage Action Zone funding via Historic England. The renovation project includes opening blind arches, constructing a new mezzanine floor and relocating existing butcher and fishmonger stalls to the main market hall.
It has also been confirmed as part of the regeneration project, Caribbean-inspired bar and restaurant Turtle Bay will open its first Lincolnshire venue on the site later this year, prior to the market’s official opening.
Cllr Naomi Tweddle, Portfolio Holder for Inclusive Economic Growth at City of Lincoln Council said: “The vision for the market has, for some time, been to design a building of destination, an attractive and modern retailing and leisure space, offering a mix of stalls and delivering a place where people want to visit and dwell rather than simply pass by en-route to the High Street or the Transport links in the city.
“Thanks to funding from government’s Towns Fund programme through Be Lincoln and Historic England’s High Street Heritage Action Zone (HSHAZ), The Cornhill Market will create a sustainable future for this important historical asset.”
