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A Charter was granted in the year 1105 to the then local Abbey. The 1105 Royal Charter is still in operation and the Town Council are the current custodians.
The present Pannier Market was purpose-built in the 1850's by the beneficence of the 7th Duke of Bedford, the then holder of the Charter.
An Act of Parliament was needed to erect the building as it was necessary to re-route the River Tavy. Other buildings erected in the same programme were the Magistrates' Court, Police Station, Town Hall and a run of shops along Duke Street.
Today's Pannier Market has not changed much from the original building, except it is now heated in the winter. The market is possibly the finest example in the South West of a traditional Pannier Market and the building itself is well worth seeing.
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