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The Community Right to Bid for Assets of Community Value allows voluntary and community organisations to nominate an asset which they consider has benefits for social well-being and social interests.
If the owner of a listed asset wants to sell, they must contact the council, who in turn will notify the nominating community group. The community then has an opportunity to bid for the property/land within the first six months of the property going on sale.
The right came into force on the 21 September 2012 under the Localism Act 2011 and will give community and voluntary bodies the opportunity to nominate, bid and take over the running of assets that are considered of value to the local community.
An asset must be a building or land. A building or land is of community value if the local authority decides that:
A community nomination must include:
Please use the Community Nomination form when nominating a building or land and return by:
email to email@example.com or alternatively by post to:
Estates & Asset Manager
You can view and download full regulations at The Assets of Community Value Regulations 2012 website (external link).
The list in 'Related Documents' below includes all successful assets nominated by groups as an asset of community value.
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