Community Right to Bid information
The Community Right to Bid allows communities and parish councils to nominate buildings or land for listing as an asset of community value. A successful listing as an asset of community value gives a community group an opportunity to compete to buy an asset on the open market, the community are given a six month period to put together a bid for the asset.
The Right to Bid can be used by:
- a local voluntary or community group that is incorporated; this means it has a separate legal status from its members
- a local voluntary or community group that is not incorporated but has at least 21 members who are locally registered to vote
- a parish council
- a neighbourhood forum
A nomination will not stop a sale that is already in progress.
Assets of community value
An asset can be listed if its principal use furthers the communities social well-being or social interests or is likely to do so in the future. These interests could be cultural, sporting or recreational.
Examples of asset can include:
- a village shop
- community centre
- children’s centre
- library building
- local pub
You cannot list the following as an asset of community value:
- assets being transferred between businesses
- Church of England land holdings
Nominate an asset
Each nominated asset will be considered. We will make a decision on whether to list the asset within 10 to 12 weeks of receiving a completed nomination form.
A separate nomination form will be required for each asset.
The nominator and owner of the asset will be advised of the decision.
Then the asset will then be added on to either the register of successful nominations or the register of unsuccessful nominations.
When assessing nominations for inclusion on the our list of Assets of Community Value, we will have regard to the following criteria:
1. The extent to which the approval of the nominated site would enhance the social interests and social well-being of the local community because in its absence the local community would be deprived of land or a building that is essential to the special character of the local community, and provides:
- a place to meet and socialise
- a place to shop
- a recreational, sporting or cultural facility
2. The definition of the extent of the local community will depend on the nature of the use and each case will be considered on its merits, with particular reference to the Assets of Community Value (England) Regulations 2012.
3. We will have regard to the realistic prospect of the continued or future use of the asset, and in particular the commercial viability of the proposal (including the ability to raise funds) and the sustainability of that use.
- Community Right to Bid Frequently Asked Questions (PDF/48KB/3 pages)
- Understanding the Community Right to Bid (PDF/207KB/4 pages)
- Key steps of the Community Right to Bid process (PDF/142KB/2 pages)
Additional information and advice on how the Right to Bid works is available from Community Rights.