Haxby is to get its own market after negotiating around an ancient charter.

The charter, set by King Edward II in 1360, states no market may be set up within six and two-third miles from York city centre’s market.

Haxby’s site is 5.2 miles from Newgate Market. But after lengthy negotiations, City of York Council has allowed the market to go ahead.

Ken Cooper, market manager, said the idea for the market, which came from Haxby Working Men’s Club, wanting to make more use of its car park, would be good for the town.

He said: “There are a number of villages surrounding us and Haxby and Wigginton have a population of 12,464 people so we hope it will bring more people into the town, who may then visit the three pubs, which all do lunches, and the shopping arcade.”

Paul Barrett, York’s city centre manager, said many authorities have the ancient charter to protect the rights of the existing market.

He said: “What we do here is instead of having a blanket ban on anything, if we can’t manage one ourselves, under certain terms we will allow a third party to run one with our blessing.” This is how they run the continental market held on Parliament, too.

The market will be run locally, although it will pay the council for licences and adhere by rules, such as not poaching the Wednesday market traders from Newgate Market.

After 14 months of negotiations, the legal contract for the new market is being drawn up and Ken hopes to launch the first market day on June 8.

In the first year, the market will be able to run for 14 days; once a month, with a couple of extra days for bank holidays. Ken said that he hoped that from June 2012 the market could become weekly, although markets open for longer than 14 days per year have to be approved by a planning committee.

Mr Cooper said he had had “terrific interest” in their 20 stalls, which include a range of traders from key cutters to fishmongers. The market will give one stall a month away free to a charity, and has five gazebos to be used as display stands for specialist traders, such as double glazing firms and kitchen fitters.