Purpose

The programme of
refurbishment and reconfiguration works to Macclesfield Market, is
to be funded by the UK Shared Prosperity Funding (UKSPF),
the funding from which must be spent by end March 2025. To allow
for an eight-month construction period, construction works must
commence during September 2024. The construction works will be
phased to allow Market Traders to continue to trade during the
construction period, with Traders relocated into temporary stalls.
Following completion of works, Market Traders will occupy wholly
new stalls, in different locations to their present
stalls.
 
New occupational
agreements are required with all Market Traders for the project to
proceed, as the current agreements do not allow for Traders to be
relocated to different stalls than presently occupied. The new
agreements will be in the form of Licence Agreements to allow for
temporary occupations with Leases (secure business tenancies)
granted for the new stalls following completion of works. The
Leases will be contracted under Agreements for Lease. All
agreements must be contracted before commencement of works
otherwise the project cannot proceed.

Content

Approval to enter
into the following occupational agreements: -
 

·      
Licence Agreements (contracted-out of Sections 24 to
28 of the Landlord and Tenant Act 1954) with Market Traders in
relation to temporary stalls within Macclesfield Indoor Market,
Mill Street, Macclesfield whilst refurbishment works are undertaken
by the Council; and

 

·      
Agreements for Lease to grant new three-year leases
to Market Traders for stalls within Macclesfield Indoor Market,
Mill Street, Macclesfield following completion of the refurbishment
works.