Reduced rents for Market Drayton traders extended

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Reduced rents for Market Drayton traders extended
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  • 📰 BBCShropshire
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Shropshire Council says it will maintain a concessionary stall rent level for another three months.

Shropshire Council had introduced the incentive at Market Drayton indoor market to generate new interestTraders at an indoor market will continue to be charged a reduced stall rent for another three months.

But concerns rent would be raised back to its original level, minus a 25% discount, of £32 per day left traders fearing for their businesses.The local authority had previously said it needed to raise income toDean Carroll, cabinet member for housing and assets, said the concessionary rate was "great news" for market traders.

"As a result LSD has agreed to reduce their fee, to cover the cost of providing the concessionary rate that they believe needs to be retained to keep the indoor market full," he added.

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