10/03/2020
Newark Cattle Market Company Limited are issuing this press release following meetings yesterday with Newark and Sherwood District Council. There will be no further markets operated by Newark Cattle Market Company Limited however Newark and Sherwood District Council are having on going negotiations with an undisclosed party interested in operating the market in future.
All Parties were hoping for a seamless takeover, but Newark and Sherwood District Council could not reach an agreement prior to the Newark Cattle Market Company Limited lease ending.
We would like to take this opportunity to thank all of our buyers and sellers, past and present for the wonderful support over the past 50 years which we at Newark Cattle Market Company Limited do very much appreciate and assure you that we will pay all sellers for past sales and we equally expect to be paid within terms.
We hope this is not the end for cattle and sheep auctions in Newark and the community that surrounds the area.