The Corporation of London has commissioned a feasibility study into the possible upgrading of the historic Leadenhall Market, in the heart of the City of London.
At the moment, the 74,000 sq ft (7000 sq m) market area includes pubs, wine bars, restaurants and some office accommodation, but the Corporation believes that it has the capacity for up to 50 shop units.
Retail property specialist CWM has been retained to advise on a strategy for improving the tenant mix.
City surveyor Ted Harthill, who manages the Corporation of London's property portfolio, said: 'Leadenhall is a unique location and we are looking forward to making it an even stronger part of a vibrant City.' Leadenhall is arguably the UK's oldest retail destination.
It is located on the site of the Second Roman Forum, the commercial and administrative heart of Roman Londinium, which was built between 100 and 130 AD.
The City is seeing a retail renaissance at the moment, with a House of Fraser department store under construction.
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