Assets of Community Value

Assets of community value

Designation as an Asset of Community Value (sometimes known as the Community Right to Bid) provides a way of protecting facilities that are important to local communities. Where land or buildings are listed as Assets of Community Value their sale can be ‘paused’ to allow the community time to develop a bid to buy it. Assets of Community Value could include your local pub, library or football ground.

To be designated as an Asset of Community Value an application must be made by a Town or Parish Council, or other appropriate organisation. Once an application is made we will undertake consultation with relevant owners and occupiers and consider whether the asset contributes to the community’s social well-being or social interests (including cultural, sporting or recreational interests). If you would like to nominate land and/or a building please fill in our online form.

If something on this register is offered for sale, a Community Group can express an interest in making a bid. That Group will then have up to six months to prepare a bid. However, there is no obligation upon the owner to accept that bid.

For further information on who can nominate land or buildings and on the criteria for an Asset to be successfully nominated please read the guide to Understanding the Community Right to Bid.

Please see the current Register of Assets of Community Value.

Notice of Disposal of an Asset of Community Value

Ravencross (Crookham Village Stores), The Street, Crookham Village, GU51 5SG

On 28 August 2019, the Council received notification from the owner that they intend to dispose of this property. Because the property is included on the List of Assets of Community Value, the Council is now inviting any eligible local community group to express an interest to be treated as a potential bidder for the Asset by 9 October 2019.

The owner of the Asset may not dispose of it during this 6 week period (known as the interim moratorium period). If the Council receives a written request from an eligible potential bidder, this will trigger the full moratorium period of 6 months (until 28th February 2020) during which time the community interest group will be able to prepare and submit a formal bid to the owner.

It is important to note that the legislation does not restrict in any way who the owner of the property can sell to, or at what price, and it does not confer a right of first refusal to a community group.

If no expressions of interest are received during the interim moratorium period (until 9 October 2019), the Council will notify the owner that they are then free to dispose of the Asset at any time during a set 18 month protection period (expiring on 28th February 2021).

Any request to be treated as a potential bidder for the above property should be sent by 9 October 2019 to:

Katie Bailey, Corporate Strategy and Policy Development Manager, Hart District Council, Harlington Way, Fleet GU51 4AE      
Email: katie.bailey@hart.gov.uk

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