2 months ago
Brixton Village Market, a much-loved foodie hotspot featuring favourites like Fish Wings and Tings, Okan, and Kao Sarn, has officially been put up for sale for the first time in six years.
If you’ve ever wandered through its bustling alleys, you’ll know this place is more than just a market – it’s the heartbeat of Brixton. But now, it seems the market could be changing hands, and the potential price tag? A cool £80 million.
If you’re not familiar with the situation, here’s the lowdown. Brixton Market has been around since the 1870s and is made up of 179 shops and restaurants. Since 2018, it’s been jointly owned by two US companies – TPG Angelo Gordon and Hondo Enterprises. The market’s current owners have stirred up their fair share of controversy over the years, particularly when they submitted plans for a 20-storey tower block in the area. Community campaigners fought back, accusing them of trying to gentrify and ‘ethnically cleanse’ the neighbourhood. The plans were eventually withdrawn last year, but the tension has lingered.
Now, the owners have decided to move on. They’ve brought in Savills and Bryce Gillingham Pollard to sell the freehold and part leasehold of the market. While the exact asking price hasn’t been revealed, insiders are speculating that it could go for at least £80 million.
Brixton Market is more than just a place to grab a bite – it’s a cultural landmark that has played a central role in the community for well over a century. For many locals, the market represents the spirit and diversity of Brixton. The news that it’s up for sale has got people talking about what this might mean for the market’s future.
Oliver Bamber, a director at Savills, called Brixton Market a “truly unique London destination” and highlighted its significance to the local community. “The markets attract nearly 100,000 visitors each week,” he said, noting that it presents a rare opportunity for buyers to “expand upon Brixton’s local significance and legacy.”
So, what now? The sale is in its early stages, and it’s unclear who might swoop in to buy this iconic spot. Whoever the new owner is, they’ll be taking on a piece of Brixton’s history. The big question on everyone’s mind is whether they’ll maintain the market’s unique character or push for further commercial development.
There’s no doubt that Brixton Market’s sale will be watched closely by the local community and Londoners who care about preserving the city’s diverse cultural hubs. Only time will tell what changes, if any, are on the horizon.
For now, we wait – and maybe head down for a visit to our favourite market stalls while we still can.
