Right to bid for assets of community value
Your legal right to bid for an asset in your community.
Published: 23 December 2020
Last updated: 7 May 2021
Community and voluntary groups have a legal right to nominate valuable local assets such as pubs, libraries, and village shops to the council.
It gives groups the chance to save important local places when the asset comes up for sale.
If the community groups wish to buy the asset, they will be given 6 months to the raise money to make the bid.
Please read the guidance before nominating an asset.
How to apply
To nominate an asset, please download and complete the nomination form.
Once complete, email it to [email protected]
You can also post the completed form to:
Assets of Community Value,
Policy and Projects,
Innovation and Change,
Westminster City Hall,
64 Victoria Street,
London SW1E 6QP
List of Assets of Community Value (ACV)
We post a notice to the registered address to make the community aware that a registered asset has come up for sale. This is so the community can put together a bid to buy if they’re interested.
The notice includes the bid deadline before the asset is made available to the open market.