Blossoming Rose: Rosehill Traders Market

Funded on Spacehive 29 October 2015

Impact data and claims within this report are provided by the project creator and have not been independently verified by Spacehive.

Blossoming Rose: Rosehill Traders Market

Blossoming Rose: Rosehill Traders Market

Rosehill Traders Association By Rosehill Traders Association

The Blossoming Rose: re-establishing the once-popular traders market to bring vibrancy and prosperity back to Rosehill by spurring entrepreneurialism and providing low-cost start-up business space.

Carshalton Delivery stage

25
backers
£24,876
raised
funded icon
This project was funded on 29 Oct 2015!

The market area currently boasts the full infrastructure to support a bustling street market. Ten pitches are attractively marked out, each with up-to-date installations to access power. Currently, however, there are no traders bar one. Local residents will be incentivised to trade through the provision of 11 uniform market stalls and essential equipment, stored locally and rented to traders at low cost; subsidised pitch fees for 12 weeks; and an advertising campaign to promote the business opportunities to Rosehill’s diverse population. The Rosehill Traders Association (RTA) is committed to managing the market with Sutton Council’s Street Licencing Team and Town Centre Manager. The market will be launched in December 2015 alongside the Rosehill Christmas Festival and Christmas Lights Switch On, operating weekly and twice-weekly once established. Rosehill will ‘blossom’ under increased footfall and business prosperity that will create new jobs and bring the community together.

What we'll deliver:

  • Attract 10 market traders to remain trading for at least six months following project closure and create 20 jobs
  • Encourage members of the community to transform a hobby into a business opportunity
  • Encourage the uptake of business opportunities on the market by Rosehill’s diverse ethnic and cultural groups
  • Organise a successful launch event in December 2015 tied with the Rosehill Christmas Lights Switch On
  • Provide members of the community with the tools to start their own business such as market stalls and related equipment
  • Re-establish a market to run weekly, progressing to twice-weekly once established
  • Explore the option of expanding the market beyond its 10 pitches once established

Why it's a great idea:

There is great desire within Rosehill’s business and residential community to reverse the decline of the District Centre – many of which rely upon for their livelihoods and consumption needs. Nevertheless, Rosehill has experienced a 25% reduction in footfall over the past year. The RTA seeks to stimulate Rosehill’s economic vitality and viability by re-establishing its once-popular market – a proposal supported by local residents, councillors and Sutton Council. A survey, conducted by local traders and at the recent St Helier Festival, has thus far shown a 96% support rate from over 70 local residents for the revitalisation of the market, with a quarter calling for a plants and gardening market, followed by street food (17%) and a farmers market (15%). Sale of these goods will particularly be encouraged to reflect consumer demand, therefore creating a sustainable and vibrant market. The market will cater for the residential and working population and support existing businesses.

Steps to get it done:

  • Signpost people to the Opportunity Sutton Local Centres Toolkit for information on starting a business
  • Advertise market pitch opportunities, particularly to ethnic groups, extensively through offline and online channels
  • Monitor project progress through ongoing evaluation
  • RTA to oversee project delivery with regular fortnightly meetings and performance measured against realistic goals

Storage of market stalls and equipment in Rosehill has been agreed with Sutton Council.

The RTA was established in 2007 and comprises over 15 members. The RTA was responsible for the introduction of an extended parking scheme in Rosehill and holds a well-attended, yearly Christmas community event. Furthermore, the RTA secured funding from the St Helier, The Wrythe and Wandle Valley Local Committee for hanging baskets and flower troughs. The London Borough of Sutton, local councillors, the Safer Neighbourhoods Team and the Sutton Chamber of Commerce are highly supportive of the RTA.

Rosehill is already well-connected by public transport and is served by 6 bus routes. This connectivity will be further enhanced by the potential Tramlink extension to Sutton town centre, with a tram stop proposed for Rosehill. There is overwhelming support for the Tramlink extension (84%) which will enable local businesses and market traders to widen their consumer catchment area.

Gallery

Location Carshalton

About the space

Custom Area

Council

London Borough of Sutton

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How will the money be spent?Total £24,805

Development and printing of promotional materials - £5,000 (20%)
Organise and run a Christmas launch event - £5,000 (20%)
Purchase of 11 market stalls and related equipment - £4,500 (18%)
Market management - £3,960 (16%)
Subsidise 10 market pitch fees for 12 weeks - £2,760 (11%)
Purchase of 20,000 branded, biodegradable 'Rosehill Market' carrier bags - £2,000 (8%)
Proposal development - £504 (2%)
Other - £1,081 (4%)

Costs Breakdown

This shows how money raised for the project will be spent. These costs have been confirmed by the project's Delivery Manager and verified.

20%
Development and printing of promotional materials
£5,000
20%
Organise and run a Christmas launch event
£5,000
18%
Purchase of 11 market stalls and related equipment
£4,500
16%
Market management
£3,960
11%
Subsidise 10 market pitch fees for 12 weeks
£2,760
8%
Purchase of 20,000 branded, biodegradable 'Rosehill Market' carrier bags
£2,000
2%
Proposal development
£504
4%
Other
£1,081
  • Spacehive fees
    £825
  • VAT
    £165
  • Transaction Fees
    £91

Total £24,805

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