Sefton Council has unveiled proposals to transform the market on King Street into an enhanced food & drink offering and events space.
While the local authority reiterated the plans were at an early stage, it has shared images of what the market could look like, featuring self-contained food retail units, flexible market and event space, and an improved food & drink offer.
The council said the existing operating model “needs to be adapted to meet changing consumer and business demands”, and added it was “talking to current stall holders” about its future plans for the site.
Sefton added it was “totally committed” to keeping the market operational during any possible refurbishment as it looks to make it “a key visitor destination”.
The existing market is open between 9am and 5pm Monday to Saturday, with existing occupiers including Blackhurst’s Butchers along with several craft and clothing stalls.
Cllr Marion Atkinson, Sefton Council’s cabinet member for economic growth and housing, said: “We really value Southport Market but sadly it has become evident that many factors are making trading conditions extremely difficult and occupancy levels continue to fall.
“While we have been actively promoting it and trying to secure new traders along with other initiatives to help deliver a long-term sustainable future for the market, this has sadly not worked.
“As a result, and building on our former investment at the market, new plans are being developed to potentially transform the building into a unique offer that will only benefit the town and the wider borough.
“Nothing is set in stone and as we develop further plans over the coming weeks and months we will ensure existing traders are fully kept up to date and consulted on any final plans.
“While we totally understand how trading conditions have been difficult in the market for many months, we remain committed to supporting traders throughout this exciting process and will continue to do so.”