Why you should become a street trader
With its low start-up and running costs, street trading is a great way to start your own business.
Many thriving businesses started as market stalls; from familiar high street names such as Marks & Spencer, Poundland, and Tesco to fashion brands such as Dunelm and Super Dry as well as snack companies like Innocent drinks. Markets are exciting and vibrant places, even if you just want to work for yourself and are not yet ready to start a retail empire.
Different private markets have different arrangements for renting their pitches and stalls to traders including written contracts and informal, daily, arrangements.
The Council licences traders under the London Local Authorities Act 1990 (as amended) and our traders enjoy certain legal protections. Unlike commercial operators, we cannot use fees and charges from our traders to generate a profit and must set the fees based on the cost of providing the service. This is why trading on Council run markets is often much cheaper than trading on private markets.
Our market’s team currently licenses trading on:
- our eight street markets
- our fifty miscellaneous sites and kiosks (these are usually on busy streets or outside tube stations and are often florists or newsagents)
- forecourts (this is trading on private land where the customer is on the street whilst being served, often this is where a shop owns some pavement and is renting it to another businesses or where the shop owner is selling something different to the business of their shop)
We also grant licences for special events that involve street trading.
Licences to put tables and chairs on the street are dealt with by our Customer Service Team.