As part of the Localism Act local authorities are required to maintain a list of assets of community value which have been nominated by the local community.
A building or land is an asset of community value if its main use is to further the social wellbeing or interests of a local community for example a local village shop, community centre or playing fields.
Will nominees please note that the Council must be satisfied that there will be a reasonable expectation that the asset will be utilised for community good within the next 5 years (Localism Act 2011 Section 88(2)(b)). As such nominees will be asked to prepare a simple business plan to accompany their nomination, which will indicate that the asset will be viable in their hands or that of another community body. Please see notes on the application form for details.
Community asset register
View a list of assets on our online register.