Louth's Cattle Market is SAVED following crunch council vote
The annual fatstock auction and competition, held at the Louth cattle market is a staple Lincolnshire tradition
By Grimsby Telegraph | Posted: 12 Oct 2017
Louth's Cattle Market has been saved following a council vote last night.
The future of the livestock market, which is the last remaining such facility in Lincolnshire, had been thrown into jeopardy after East Lindsey District Council (ELDC) announced it was considering three options for the site, including demolition.
But campaigners fought passionately for the Newmarket facility, with a public consultation demonstrating the community's overwhelming support.
And last night, members of (ELDC) voted in favour of retaining and refurbishing the Cattle Market.
A statement published on the ELDC website said: "We agreed on October 11 to refurbish the livestock market facility in Louth and withdraw from the sale of the site.
"Over the coming months we will be working up our plans for refurbishment in discussion with the Louth Market auctioneers.
Auction-goers at the annual Spring Livestock Sale, held at Louth Cattle Market.
"We will also be looking to discuss use of the facility and the wider site with the auctioneers to understand what opportunities there are to put the site to use on a more regular basis for the benefit of Louth and the wider district."
The vote ends years of uncertainty surrounding the historic facility.
A 16th Century law states there must be a “beast market” in Louth.
In order to demolish it, the authority would have needed an Act of Parliament to remove the council’s obligation to provide a cattle market.
Another option considered was to sell the site to developers for a retail facility, while moving the cattle market to Fairfield Industrial Estate at the cost £5million.
It is understood the cost to refurbish the current site will cost around £700,000 for repairs.
The market currently runs once a week and has created a net income of £25,877 since April 1, 2008 but before the vote farmers said the council was “not making the effort” to improve the current site.
The champion beast at the Louth cattle market annual Christmas show which raises thousands of pounds for charity.
Speaking previously, farmer Jim Sutcliffe, who owns Meridian Meats in Eastgate in Louth, said he understood the market is “not as busy as it used to be” but he said the council should “take a leaf out of the book” of other markets in the country.
“We need to try and subsidise its existence with antique fairs, food festivals and car boot sales,” he told our sister site Lincolnshire Live.
“It’s a fantastic site. I would say redevelop the existing site and build a new market on it.
“If I was in charge, I say revamp the current site and make an effort to use it seven days a week and make it pay for itself and look at the options to do that.”
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