I heard the "vox pops" on the awful Adudu programme tyhis morning too - people think it's either a fucking cafe or a children's play area, not an actual shop where you have to actually BUY something to make it a going concern!
The Council gave IKEA the land with a 999 year lease (sound at all familiar??) - so presumably they will pay a ground rent on that, but i think it's their building.
Oh by the way, heard loads moaning that it's bad to be shutting down in the run-up to city of culture. They do KNOW shopping in IKEA is NOT culture, don't they?
And people saying "it's down to the council to DO something to stop IKEA closing" - what, like state aid??? It's NOT their problem - it's a shit location and a shit experiment which has failed, by their own admission. The thing the council DO need to do is find a suitable use for the site.