The organisers of Bermondsey Farmers' Market have announced they are are moving to a new location as they have been unable to agree an affordable rent with the landlords of Bermondsey Square.
London Farmers' Markets launched the Saturday morning food market in November 2009.
In an email to customers on Friday, LFM said: "We are sorry to inform you that we have decided to leave the location at Bermondsey Square. Our last market on this site will be 24 December 2011.
"We have not been able to build the market up to a level where we can afford the rent. Unless the rents are lowered we can see no future for the market at this location.
"We are working to secure a new location nearby which we hope to open on Saturday 7 January with all your favourite stalls."
Bermondsey Square is also the home of the Friday morning antiques market. When the square was developed it was expected that a range of specialist markets would be held during the week.
On Friday 2 December the square will host a night market called The StockMKT.
"As we were nearing the end of our extended rent-free period with them, we were planning to meet with the farmers' market team to explore different options to enable the market to remain in the square," says Peter Connolly, development director of Igloo Regeneration.
"We are very disappointed to learn that the market has decided to move elsewhere without affording an opportunity to discuss, with us, terms for them to stay in Bermondsey Square.
"We are delighted that the farmers' market will remain in SE1."
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