Community Right to Bid
The Community Right to Bid gives community groups a fairer chance to prepare and bid to buy community buildings and facilities that are important to them. This could include their:
- village shop
- community centre
- children’s centre
The right covers private as well as public assets.
Local authorities are required to keep a list of all of these ‘assets of community value’. If an owner of a listed asset wants to sell it they have to notify the local authority. The local authority then, in turn, has to notify any interested parties.
If local groups are interested in buying the asset they have 6 months to prepare a bid to buy it before the asset can be sold.
The Community Right to Bid came into effect on 21 September 2012.
There is more information about the Community Right to Bid on the My Community Rights website, run by Locality.