Crossword Genius

Famous old market in bay — ten grand for refurbishment (6,6)

Ross

I believe the answer is:

covent garden

'famous old market' is the definition.
(historical site of a London market)

'bay ten grand for refurbishment' is the wordplay.
'bay' becomes 'cove' (I've seen this before).
'for refurbishment' indicates anagramming the letters.
'ten'+'grand'='tengrand'
'tengrand' is an anagram of 'ntgarden'.
'cove'+'ntgarden'='COVENT GARDEN'

'in' acts as a link.

(Other definitions for covent garden that I've seen before include "Royal Opera House location" , "London's old fruit and veg market" , "Site of London's Royal Opera House" , "London tourist area with opera house" .)

I've seen this clue in The Times.
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