Hondo Enterprises, which announced its purchase – together with “investors” – of Brixton Market on Friday (23 March), is buying both the lease for the site that was owned by The Market Village Company and the freehold, that was owned by London & Associated Properties.
It says that a letter about the deal has been hand delivered to traders and that it is organising a meeting with Lambeth council.
A spokesperson said: “Our first priority is to start a conversation with the traders, Lambeth council and the local community about their views on the current operations of the market and how we can help enhance it for both traders and the local community.”
One trader told the Blog that, until Friday, they believed that Tribeca Holdings, a vehicle for Irish-born property dealer Aidan Brooks, was to become the freeholders of the site.
They expressed concern that Hondo appears to have no experience of managing a market, unlike Tribeca, which has owned Spitalfields Market in East London since 2013.