The property news website CoStar is reporting that TPG Angelo Gordon and Hondo Enterprises, the private company fronted by Taylor McWilliams, have appointed Savills and Bruce Gillingham Pollard to sell the freehold and part leasehold of Brixton Market.
Oliver Bamber Savills’ director, central London investment, said Brixton’s covered markets are “an irreplaceable property” that would enable a buyer to expand on Brixton’s local significance and legacy.
He said almost 100,000 people a week visit the markets – an annual footfall of nearly 5m – and that they have “consistently high occupancy and tenant retention levels”.
The property is “strategically positioned for future growth, all while staying true to its tradition of supporting the local community,” said Bamber.
Wesley Ankrah, Savills’ director of social value, said traders of 32 different nationalities work in the markets.
They were “a cornerstone of local entrepreneurship and success”, offering buyers not only financial returns but also “a direct social impact”.
