Community Right to Bid
How to nominate an 'Asset of Community Value'
The Community Right to Bid allows communities, town and parish councils to nominate buildings or land as an Asset of Community Value.
This means that if it ever goes up for sale, you can 'stop the clock' for up to 6 months. This gives you the opportunity to get together with your neighbours and raise the finances to bid to buy it.
For an asset to be listed it must be clearly shown that its main use (now or in the recent past) contributes to the social well-being, cultural, recreational or sporting interests of the local community, and that this use will continue. Some examples include:
- village shops
- pubs that have community use
- community centres
- playing fields
If an asset is listed as an Asset of Community Value, restrictions will be placed on the owner if they decide to sell it.
Assets can be nominated by a voluntary or community body. This is one of the following:
To nominate an Asset of Community Value, complete the nomination form and email it to firstname.lastname@example.org