A business owner has said road works outside his hair salon have caused profits to suffer so much he feels the only option is to move premises.
Ilyas Ozluk, owner of Celly's Hair International in Belgrave Gate, said he is moving because of profits lost due to Haymarket Bus Station works.
Mr Ozluk said since the work started in July he has lost £2,000 in profit every month meaning he has had to cut his staff's hours.
"These last couple of months have been a struggle. I have had to reduce my staff's hours."
He added that between his six full time workers they have lost 30 to 40 hours of work per week.
Mr Ozluk said as soon as barriers went up outside his business no-one could see his salon which caused his footfall to drop drastically.
"I am not going to wait until it gets better because it will take ages. So I have decided to move," he said.
Severn Trent started work in Belgrave Gate in July to re-route water mains as part of city council's £13 million overhaul of the ageing Haymarket bus station, in Charles Street.
The Severn Trent Water work is due to finish this month but the following work on Haymarket Bus Station is expected to take more than one year and the station is due to be operational by December 2015.
Mr Ozluk said that even though he has one year left on the lease of his Belgrave Gate salon, and will therefore be paying two lots of rent for the next year, he feels it will be more beneficial to move.
"It is better than staying here and losing money."
He added that although Severn Trent has said it will asses his loss of earnings and look into compensating him it is not a financially viable alternative.
"I can't wait for them to compensate me," he said.
Mr Ozluk is currently in the process of decorating a new salon in Market Street, ready to open on October 20.
The city council's Haymarket Bus Station project aims to modernise the 20-year-old public transport interchange, creating 11 additional bus stands and a sheltered concourse to protect waiting passengers from the weather.
A Leicester City Council spokesperson said: "The redevelopment of the Haymarket Bus Station is a major redevelopment which will bring huge benefits, and increased footfall to this part of the city centre.
"This is an ambitious build, in a confined area. As with any project of this scale, some disruption is inevitable.
"We have worked hard to come up with a plan that will minimise the impact that this will have on traffic, nearby retailers and other local businesses, especially over the busy Christmas period.
"A full consultation with businesses and members of the public was carried out last year and all properties have been kept informed of each critical stage of work."
A Severn Trent Water spokeswoman said: "We'd like to apologise to the businesses on Belgrave Gate that have been affected by the work we're doing for Leicester City Council.
"Over the last few weeks, we've been out to speak to each one of the business owners who may be affected and left a loss of profits compensation scheme application form with them.
"If anyone has suffered from loss of profits during our work, we'd encourage them to fill in the pack and send it to us. We'll assess the claim and pay compensation where it's applicable. So far we've had no claims from the area."
