Council acquires ‘historic market place’ to kick off town centre regeneration plans

Staffordshire Moorlands District Council has acquired Cheadle Market, as part of its efforts to regenerate the town centre.

The market was sold at a live auction, with the council purchasing it for £260,000.

Formerly owned by Northern Markets, the market features a 3,220 sq ft market hall with space for 30 stalls, along with an outdoor square.

It was advertised as a “unique opportunity to acquire a historic marketplace in Cheadle.”

Brown Jacobson facilitated the transaction, handling all legal and transactional requirements for the council.

Gideon Frater, an associate at Browne Jacobson specialising in regeneration, said: “Purchasing
Cheadle Market has been a core ambition of Staffordshire Moorlands District Council, which
believes a thriving market at the heart of the town will be a great asset and a key contribution to
a vibrant future for Cheadle.

“Our firm has a strong desire to work with clients aiming to solve some of society’s biggest
issues. Restoring historic assets and regenerating town centres is a great example of this.”