With the introduction of the Community Right to Bid, communities now have the opportunity to 'stop the clock' on the sale of valued community assets, for up to six months.
If a property being sold with a potential change of use is included on our list of assets of community value, and a community interest group 'expresses interest' during an initial six week period, then a six month window of opportunity applies, which is intended to give communities time to create a business plan and gather the necessary finances to bid for the asset.
Our local guidance on the community right to bid can be downloaded below. This includes guidance on the information to be included in an application.
To see a list of all currently registered assets of community value, visit our directory below:
There have been two requests to review decisions we have made to include assets on the list;
- The owner of the Gladiator Club requested that we hold an internal review into our decision to list the Gladiator Club as an asset of community value. This review was carried out by David Edwards, Executive Director, City Regeneration. The decision to list the Gladiator Club as an asset was upheld.
- The landowner of the Kassam Stadium requested that we hold an internal review into our decision to list the Kassam Stadium as an Asset of Community Value. This was an oral hearing, at the landowner's request. The review was carried out by David Edwards, Executive Director, City Regeneration. The decision to list the Kassam Stadium as an asset was upheld. The landowner then requested a review at the First-tier Tribunal. The Judge agreed that the Kassam Stadium should be included in our list of assets of community value.
Nominations not added to the list of assets of community value