You can use the Community Right to Bid to ‘pause’ the sale of buildings or land you care about such as your local pub, shop, library or football ground. It gives your community time to develop a bid to buy it.
It is important to nominate land and buildings to be part of a register of ‘assets of community value’. If something on this register is offered for sale, you then have up to six months to prepare a bid.
What could the new Right to Bid be used for?
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
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.
Assets of Community Value listed across the country
This high-level map shows the number of assets listed across the country from October 2012 – March 2014, presenting the spread of activity on the Community Right to Bid. Under Chapter 3 of the Localism Act 2011, local authorities are required to maintain a list of assets of community value.
Caveat: this data is based primarily on the information obtained from lists of assets of community value, as detailed on local authority websites, where available. It is only based on information publicly available on the websites, at the time of production.
Support and advice
Get started and find inspiring stories in the case studies section of the website, access further support including the Locality Brokers, and find information on the grants programme made available through The Social Investment Business.
Still have questions? Please get in touch with our advice service.
And to find out more about raising finance for your enterprise contact the Community Shares Unit
The new Community Right to Bid will be available in England only.