Market Licence policy

8. Transfer of license/lease - Six Day Market

1. 8.1. The lease on the six day market  may be transferred subject to the lease agreement terms.  During the term of the lease, a permanent trader (the transferring trader) who wishes to cease trading will inform the Borough Council of their intention. It is the trader's responsibility to find a new trader. If the trader wishes to then advertise their business for sale they need to also notify this intention to the Borough Council at the same time they give notice to cease trading through an assignment.  On assignment of the agreement any loan included within the lease must be either transferred to the new trader or paid in full.  
2. 8.2. No sub-letting of units is permitted.