Whilst it might at first seem like good news, "Two Fairs must be better than one, Right?", two events will split both the sellers and attendees across two venues seriously diluting both.
Having been to both of the Sutton Coldfield fairs I'd suggest that the demand and supply is insufficient for two events.
The Club meeting tonight will be interesting, and details of the proposed Fair will doubtless follow.
Happy shooting in the meantime.