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Brixton Village and Market Row up for sale for £30m

Discussion in 'Brixton' started by phillm, Oct 2, 2017.

  1. phillm

    phillm Trolling through Life (TM)

  2. editor

    editor Taffus Maximus

  3. editor

    editor Taffus Maximus

    Some interesting comments from FB friends. I think this really will finish off the market as a place having any kind of connection with the past (or, indeed, the reasons for its listed status):

     
  4. Dil Green

    Dil Green Active Member

    Profit-taking by the current owner. As suggested above, new owner (assuming it's not some boring pension-fund type group - which would be good, but unlikely) is likely to want routes to increased property value - which means reviving the 2007 plan to build flats on top - only this time it will be many more flats (8 stories?), with (I predict) a 'clever' scheme to keep the market open during construction. Squire & co as architects? I wouldn't be surprised...
     
    editor likes this.
  5. Tropi

    Tropi Well-Known Member

    Crap.
     
  6. mao

    mao I'm totally wired

    This is the last nail in the coffee...
     
  7. blameless77

    blameless77 Well-Known Member

    It definitely doesn't look good. I've been renting a studio via ASC since 2010, during which time my rent has tripled. I was already dreading the rent review in January. Now I'm worried it could be the last one...
     
    editor likes this.
  8. David Clapson

    David Clapson Well-Known Member

    So is it really a given that the new landlord will be worse than the current one?

    This might be good news for the 414, at least for a while...maybe the plans for their building will go on the back burner for a year or two.
     
    editor likes this.
  9. Gramsci

    Gramsci Well-Known Member

    The markets are listed now. So don't think that could happen.
     
  10. editor

    editor Taffus Maximus

    Being listed doesn't guarantee that a building will never get altered or flattened.

    Ninety listed buildings demolished
     
  11. ViolentPanda

    ViolentPanda Hardly getting over it.

    And then of course there's the mysterious arson bug that affects so many listed buildings that stand in the way of profitable developments...
     
    Dan U, DietCokeGirl and editor like this.
  12. Dil Green

    Dil Green Active Member

    Listed building status is paper-thin protection - not any sort of guarantee.
    Clever architects are great at finding ways to make it look nice, while gutting the reality. In this case, preserving the entrance facades and the market, while keeping the housing set back above would probably be a goer.
     
    editor likes this.
  13. Dil Green

    Dil Green Active Member

  14. editor

    editor Taffus Maximus

    Indeed - and you can see an example of that right next door with Walton Lodge.
     
  15. RoyReed

    RoyReed Must fly!

    Facadism
     
  16. editor

    editor Taffus Maximus

    [​IMG]


    This one was an absolute shocker. The architects and everyone involved in the project should hang their heads in shame.
     
    wayward bob, ska invita and bimble like this.
  17. RoyReed

    RoyReed Must fly!

    Yes, it's criminal, or at least it should be.
     
    editor likes this.
  18. Gramsci

    Gramsci Well-Known Member

    Not sure that would be the case with the markets. It's Grade 2 listed. The listing reason Includes the roof of market row and Brixton village.

    Also the internals of Reliance Arcade.

    ;


    BRIXTON MARKETS - RELIANCE ARCADE, MARKET ROW AND GRANVILLE ARCADE (BRIXTON VILLAGE), Lambeth - 1393881| Historic England

    So it is not only exterior frontage that's protected.

    The question is why if it was possible to put in plans to build housing on top the present owners didn't do that? As it would have increased value if it was sold with planing permission for alterations.

    Like listing the Rec like listing the markets isn't complete protection. It wasn't imo a waste of time imo to get markets listed. It stopped the first plans to build on it. It gives the covered markets a status architecturally they didn't have before. The listing also is for the markets later importance as shopping area for the Windrush generation.

    One of my problems with listing is that it protects buildings but doesn't stop gentrification.

    Listing helps but is not total safeguard. Unless it's Grade 2 star listing like the Brixton Windmill.
     
    Last edited: Oct 9, 2017
    innit likes this.
  19. Gramsci

    Gramsci Well-Known Member

    A possible scenario for the covered markets is a restoration job and letting out shops to upmarket business. See Bermondsey market as example. ( A job for Squires)


    That would begin accord with architectural side of listing if not to the markets historical heritage for the working class Afro Carribbean community.
     
  20. editor

    editor Taffus Maximus

    We had this discussion on urban before and it seems that the historical heritage bit don't mean jack in terms of protecting that mix. It's already shifted massively from being a market I'd describe as predominately Afro-Caribbean.
     
    Gramsci likes this.
  21. editor

    editor Taffus Maximus

    The Voice has posted an article that makes some good points:

    Not sure where they're going with this point, mind:
    Brixton Market and Village on sale for £30,000,000
     
    Gramsci likes this.
  22. GarveyLives

    GarveyLives Well-Known Member

    Mr Martin's conviction and imprisonment was covered here:

    Brixton's Blacker Dread jailed for two and a half years for money laundering

    Andrea Photiou should clarify what connection there is between that matter and the proposed sale of Brixton Market, as well as her knowledge of, and in expertise in the history of the Caribbean community in Brixton.
     
  23. editor

    editor Taffus Maximus

    Statement from Lambeth:

    Love Lambeth
     
  24. CH1

    CH1 "Red Guard"(NLYL)

    That's a relief then.
    If the operators have a lease until 2036 (nearly 20 years to go) it seems surprising that the freehold was being marketed for £30 million.

    Maybe that's a smokescreen to justify Lambeth saying: "For these reasons, when we were informed about the intended sale we closely examined the situation surrounding the freehold and how that relates to the day to day running of the market by the current leaseholders Groupe Geraurd. Lambeth Council considered making a bid for the freehold, but our financial analysis indicated that we could not submit a bid at a competitive level." ???
     
  25. editor

    editor Taffus Maximus

    I'll be amazed if there aren't notable changes taking place soon after the sale takes place. Landlords are landlords after all.
     
  26. Gramsci

    Gramsci Well-Known Member

    The statement from Cllr Bennett appears to me to suggest that Lambeth Council played a leading role in getting the covered markets listed. I don't remember that. Am I wrong?

    I do remember one local Ward Cllr being quite enthusiastic about the owners London and Associated Properties redevelopment plans for the markets. The plans which sparked off the campaign to get it listed.
     
    Last edited: Oct 30, 2017
    editor likes this.
  27. editor

    editor Taffus Maximus

    I don't recall that either. You could probably get a feel for how it was via the thread on here from that time.
     
    Gramsci likes this.
  28. ViolentPanda

    ViolentPanda Hardly getting over it.

    Bennett, as is usual for him, is amending the narrative to favour Lambeth. They had very little to do with it, while the traders had a lot to do with it.
     
    editor and Gramsci like this.
  29. editor

    editor Taffus Maximus

  30. lang rabbie

    lang rabbie Je ne regrette les gazebos

    Oh Christ - sounds like he has a vision of some inner circle of hell by which "Brixton Market is the new Camden Market", with gullible teens from across Europe being sold crappy footwear and sportswear with some spurious cachet of street *edginess* as part of the Brixton brand.
     
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