East Cambridgeshire District Council is working on plans to launch a weekly Sunday market in Ely.
The authority is keen to trade on the success of its Thursday and Saturday markets and believes a Sunday market could bolster shops in the city centre as well as bring in added revenue.
The council hopes to launch the new Sunday market in April next year.
A spokesman for the council said the move “highlighted how the markets have grown in popularity”, with occupancy rates running at near full.
The council’s markets development officer, Julia Davis, will be contacting existing traders in the coming weeks and months to register expressions of interest before a business case is presented to councillors.
The council said it was “important to secure a core 25 traders in order for the market to at least break even”.
The Sunday market initiative is part of the council’s drive to make more money from its tourism department – which, the authority estimates, will spend £96,000 more than it makes in 2014/15.
As part of the work, the council is also looking to take ownership of Ely’s Market Place.
At present, the space is owned by Cambridgeshire County Council but district officials have begun investigating how much it would cost to transfer ownership.
If successful, the council hopes it would allow opportunity to create more markets, events and displays.
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