Nottingham City Council has confirmed the planned closure of the Victoria Centre Market – telling some traders their leases will be terminated by March next year.
One trader served notice this week said the authority’s handling of the market had been “apalling” and closure will stifle the development of independent businesses in the city. “With the council facing substantial financial challenges, it’s crucial that we address these outstanding rent issues. Additionally, we will be terminating legal agreements with traders who have applicable break clauses to cease their occupancy at the market.”
In June the authority confirmed it was still looking to close the market, however the target closure date was missed again. Some traders have now been served termination of lease letters stating they must vacate by March 25, 2025.
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