Brixton Village Named as an Asset of Community Value

Brixton Market Saved From Private Equity Firms – for Now

A historic British market has won a reprieve after fears it would fall into the hands of private equity firms.  After almost 40,000 people signed the ‘Buy Back Brixton’ petition, Green-run Lambeth council has designated Brixton Village Market and its historic Market Row as Assets of Community Value (ACV).   The ACV status does not prohibit a sale long-term, but gives local traders a window of around six months to try and generate a viable bid to…

Brixton Village named as an asset of community value

The community in Brixton now has a right to try and buy the site, alongside Market Row, which is worth an estimated £50m

Lambeth Council: Brixton Village is now listed as an Asset of Community Value

Lambeth Council has approved an application for Brixton Village and Market Row in the town centre to get extra protections by being officially added to a list that gives the community legal rights to buy it. The covered markets in Brixton have today formally been added to Lambeth Council’s Asset of Community Value list. When listed places come up for sale the right gives communities that want it six months to put together a bid to buy it. The ne…

Brixton Village And Market Row Listed As Assets Of Community Value

Brixton Village and Market Row have been listed as Assets of Community Value. Image: Matt Brown, Creative Commons Brixton Village and Market Row have been listed as Assets of Community Value, following a suggestion that private equity firms were about to purchase them. In June, we reported that the Brixton Traders and Community Association's (BTCA) had discovered it only had a few days to make a credible bid on the covered markets (collectively …