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Assets of Community Value

The Assets of Community Value scheme was introduced under the Localism Act 2011. Consequently, some public and privately owned buildings and land in Lewes district and Eastbourne can be nominated as Assets of Community Value by community groups.  

  • Accepted nominations are placed on a list, maintained by Lewes District Council and Eastbourne Borough Council.

  • If a property or land is on the list as an Asset of Community Value, this is taken in to account when planning decisions are made relating to it.

  • If an owner decides to sell a property or land on the list, the community group that nominated the asset is informed. Time is given for the group to raise money to place a bid, known as Community Right to Bid.

  • The right to bid does not guarantee that any offer from a community group, to buy an Asset of Community Value, is accepted by the owner.

To find out more about Assets of Community Value visit the Localism Act 2011 

What type of property or land can be listed as an Asset of Community Value?

To qualify, the property or land must have a current or recent use which can be shown to further the social wellbeing or social interest of the community. Social interest can be:

  • cultural

  • recreational

  • sporting interest

Examples include village shops, pubs, community centres, allotments and libraries.

A residential property can't be included as an Asset of Community Value.

If a community organisation nominate a property or land for inclusion as an Asset of Community Value they will be asked to demonstrate how its main use can continue to meet its social objectives in the future.  

To be listed as an Asset of Community Value the property or land needs to meet certain legal criteria. Nominations can only be done by specific community groups. For further information visit Assets of Community Value Regulations. You can also find out more on how to nominate an Asset Of Community Value and how to bid by visiting Community right to bid.