AN HISTORIC market could be relocated for two years under plans submitted by its owners.

Naval charity Greenwich Hospital plans to run a temporary market within the grounds of the Old Royal Naval College while Greenwich Market is redeveloped.

The temporary market would run from next January until December 2011 under the planning application, which has been submitted to Greenwich Council.

Subject to gaining planning permission and scheduled ancient monument consent from the Department of Culture, Media and Sport, work would begin on the market development in January 2010.

Construction would finish at the end of 2011, with the new market and hotel opening in early 2012.

During the two-year construction period the market will operate on Monument Gardens, an area of ground in front of the Pepys building and next to the Cutty Sark.

Director Martin Sands said: “Greenwich Hospital very much appreciates the help that the Greenwich Foundation for the Old Royal Naval College has given to enable us to find a good solution for the temporary market.”