The Localism Act 2011 has created the Assets of Community Value provision that gives eligible organisations (including Town and Parish Councils and certain community groups) the opportunity to nominate buildings or land to be listed as Assets of Community Value.
The listing of Assets of Community Value is intended to give communities a greater chance to take control of buildings and land important to them. When a listed asset comes up for sale there is a delay (moratorium) in the sale process. This delay has been introduced to improve the chance for the local community to prepare a bid to buy the asset.
There are additional protections for pubs. When a pub is listed, its permitted development (“PD”) planning rights are suspended. Listing as an Asset of Community Value expires after five years. The Council’s website includes guidance on the Community Right to Bid and Assets of Community Value. These guidance notes and the guidance in the nomination form are intended to explain the Community Right to Bid and assist you in writing an Asset of Community Value nomination. This form is designed to provide the Council with the information required to assess an Asset of Community Value nomination. The form seeks information on:
Please note:
