'I need to know the cost and if we are staying or going.'
BBC News
A trader at a Nottingham market has said he is thousands of pounds out of pocket as tenants await a decision on their future. Nottingham City Council said it may end the lease on the Victoria Market in a bid to save £39m over 50 years.The council has previously said it does not expect to make a final decision on the market before the end of April.
It said it had been running the market at a loss since 2014, and had been forced to subsidise it at a cost of more than £1.5m a year.The market opened in the shopping centre in 1972 and was once home to more than 200 stalls, but now only about 30 traders remain.He said a compensation package was offered and he almost secured a new lease in the main Victoria Centre, before being informed the early lease surrender was "no longer being processed".
But he is having to spend a similar sum in legal costs for the new lease which the council will not pay for.A spokesperson for the Victoria Centre said it had been told the early release could not be progressed at the time being and it was looking to clarify the situation beyond April.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Traders thousands out of pocket as fate of Victoria Market unknownThe plan was first made public 18 months ago
Weiterlesen »
Full list of stalls at Preston International Market on Flag MarketEnjoying some food at the city's international market Pic: Visit Preston An international food, drinks and crafts market is in full force at Preston's histo
Weiterlesen »
Live Nottingham tram updates as crash halts serviceThere are no trams running between Ruddington Lane and Clifton South
Weiterlesen »
The 5-star Nottingham cafe hidden behind popular retail parkIt is very popular with builders for breakfast cobs
Weiterlesen »
Live as major Nottingham road closed by police after crashBreaking news to bring you
Weiterlesen »
Nottingham street style: Bright colours and independent brandsWe find bright, coloruful and eye catching outfits
Weiterlesen »