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Last Updated: Friday, 14 April 2006, 08:33 GMT 09:33 UK
Superstore plan for market site
An aerial view of Welshpool livestock market (Pic: County Times)
The livestock market is planned to be relocated less than a mile away
A multi-million pound redevelopment of one of the largest sheep livestock markets in Europe is planned for a mid Wales town.

Four of the UK's leading supermarket chains are understood to be in talks to build a store at the site in Welshpool with plans submitted to Powys Council.

The plans also include room for other smaller retail units and a restaurant.

Meanwhile, the council has confirmed that supermarket chain Tesco has bought nearby Newtown livestock market.

In Welshpool, there are plans to relocate the market less than a mile away from its current town centre site on the outskirts of town at Buttington Cross.

I take a long-term view and it is essential for the future prosperity of Welshpool
AM Mick Bates

It is currently the largest one-day market of its type in Wales and attracts hundreds of farmers to its main weekly sale on Mondays.

Montgomeryshire AM Mick Bates welcomed the potential development of the site.

He said Welshpool had lost out to retailers in larger English towns nearby, such as Shrewsbury and Oswestry, for too long.

"I take a long-term view and it is essential for the future prosperity of Welshpool that the development proceeds," he said.

"The jewel in the crown is a canal side restaurant and a marina built a few years ago will finally have some significance."

Mr Bates added that a modern, new livestock market on the outskirts of Welshpool would maintain the town's strong links with the farming community.

Planning consultants White Young Green have submitted plans for the current market site, said Powys Council.

Of the planned development at nearby Newtown by Tesco, a council spokesman said: "We can confirm that the county council has conditionally sold the Newtown livestock site to Tesco.

"The sale is conditional on planning permission being granted."


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