East Lindsey District Council (ELDC) the owner of Louth Livestock Market has taken the formal political decision to preserve the site and look to the future of the site. In order to protect our legal position as tenants, our formal application for a new lease was filed at Court on the 29th of March 2018 which now lodged will allow continued constructive discussions with ELDC and the planners about future related uses and give us time to prepare a detailed business plan for ELDC aimed at a long term viable future without the pressure of the notice to quit served on us last June. We continue to investigate possible additional non- agricultural uses and endeavour to agree commercial terms for a new long lease. There is no doubt that the visit to the market on the 19th of March by HRH The Prince of Wales and the support he has shown has given our market and the rural community it serves a significant boost and we thank him enormously for that.
Last November the auctioneers held a community meeting to generate new and innovative ideas for the greater use of the site and/or more days of the week and more meetings and dialogue is scheduled are landlords who have certainly embraced the sea change brought about by the political decision to preserve and invest in the site made last October 11. The auctioneers have also instigated dialogue with the Greater Lincolnshire Local Enterprise Partnership www.greaterlincolnshirelep.co.uk who can provide expertise and assistance and are also in a series of meetings with and seeking advice from Martin Collison who is employed by the GLLEP of www.collisonassociates.co.uk who has great experience in this sector and is able to offer assistance with a viable business plan.
Also ELDC have appointed Adrian Jones Associates again who design livestock markets to explore the potential reconfiguration of the market site which would allow the council to consider better utilisation of elements of the site. One option includes relocation of the sheep pens partly at least inside. ELDC have also confirmed publicly that they are moving forward with the necessary refurbishment works in the coming weeks and months including reroofing the main market building.
Simon Williams says “Louth Market Auctioneers are delighted that we have more time to thoroughly investigate all the opportunities that the market site offers now the council has signalled it is prepared to allow a greater and wider use of the site other than on market days. We remain fully committed to operating the market and to ensuring a sustainable future for the facility by having the right terms with ELDC and making maximum use of the site for a range of alternative uses that will assist in making the market financially viable in the long term we are pleased to report that weekly markets will continue each and every week and now that the uncertainty over our future is slowly fading, this is good news for everyone”
If anyone has any ideas for the site and the facility whether it be the marketing of livestock related or non-agricultural/ community uses them please do contact the auctioneers and staff. Enquiries specifically about non-agricultural possible uses should be directed to Simon Williams on (01507) 350505 or by email to firstname.lastname@example.org
Thank you again most sincerely for all your support over recent months
The Auctioneers & Staff
Louth Livestock Market
t. 01507 602102
f. 01507 600474
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