In Tudor times, Atherstone was a thriving commercial centre for weaving and clothmaking. The town's favourable location laid out as a long ‘ribbon development’ along Watling Street, ensured its growth as a market town. While it remained an agricultural settlement in medieval times, attempts were made to encourage merchants and traders through the creation of burgage plots, a type of land tenure that provided them with special privileges. A manuscript discovered by Marjorie Morgan among the muniments of Cambridge's King's College (Ms. C9), refers to the creation of nine new burgage strips from land belonging to seven of the tenants in Atherstone vill.