Business furious after Argos move 'gazumped' by mystery new occupier

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Virtual reality gaming company Core VR had been looking forward to moving into the former Argos shop on The Square in Beeston, which has been empty for a number of years, as part of the area's regeneration

A business owner who planned to move into the old Argos in Beeston has been left furious after he was 'gazumped' by a mysterious new occupier. Virtual reality gaming company Core VR had been looking forward to moving into the former Argos shop on The Square, which has been empty for a number of years, as part of the area's regeneration.

Mr Cotterell had taken to Facebook in late March to share his disappointment with Beeston residents that his company had been "gazumped" after what he described as "18 months of being strung along". The firm's boss has now further struck out at Broxtowe Borough Council for, in his view, costing the company valuable time and money.

"We believe that we have been unduly subjected to undue delays and associated costs. The inability to proceed with the lease has resulted in a significant financial setback to us, undermining the viability of our business. "We now know the reasons for the council's decision, as they had been in negotiations with another company while keeping us in play and deciding which opportunity is more beneficial to them." Mr Cotterell also questioned if the "right hand knew what the left hand is doing", as he had not been offered any other potential premises, despite public statements from local Broxtowe Borough councillors about encouraging new businesses into the area.

 

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