Assets of Community Value
The Community Right to Bid allows communities and parish councils to nominate buildings or land for listing by the local authority as an "Asset of Community Value". An asset can be listed if its principal use (or has recently furthered) their community's social well-being or social interests.
It aims to keep valued land and buildings such as your local pub, shop, library or football ground in community use.
Your community could use the Community Right to Bid to help save your local library, pub or football ground as well as:
- village shops
- former schools
- sports centres
Please note, allotments are not considered as a community asset.
These might currently be owned by your local authority or another public body, but they could also be owned by a private company or an individual.
When listed assets come up for sale or change of ownership, a moratorium on the sale (of up to six months) may be invoked, providing local community groups with a better chance to raise finance, develop a business and to make a bid to buy the asset on the open market.
The Localism Act requires local authorities to maintain a list of Assets of Community Value and make it available free of charge. Rejected requests for listing must also be available with reasons for rejection.
Download our Assets of Community Value Nomination Form, complete it and send it to: Local Land Charges, Mid Devon District Council, Phoenix House, Phoenix Lane, Tiverton EX16 6PP or email: email@example.com
Register of assets and list of unsuccessful nominations
|Assets of Community value held on Register||List of Unsuccessful Nominations|
|Assets of Community Value - Part 1 Assets held on Register|