One of Ireland’s richest men has bested Mike Ashley and struck a deal to buy Brixton’s covered markets in south London.
Aidan Brooks, a Limerick-born property investor, is understood to be leading the acquisition of Brixton Village and Market Row for an undisclosed sum. The grade II listed arcades are home to 140 retailers and restaurants and are renowned for their range of foods.
Ashley’s Sports Direct had been in talks to buy the Brixton market for £30 million, but the deal collapsed two weeks ago. GCW, one of the selling agents for the vendor London & Associated Properties, said at the time that the deal had fallen apart as the “previous party did not comply with the agreed time scales”.