The Council is also required to maintain a list of land, buildings or structures in its area that are assets of community value.
Community groups can nominate land, buildings or structures to the Council as potential assets of community value if they consider the existing use has been to further the social well-being or social interests of the local community and the use could continue in the future.
If land or buildings on the list come up for sale in the future then the local community has the option of six months to prepare a bid to buy the asset. It should be noted, however, that the legislation does not restrict who the land can be sold to or at what price.
Local authorities must publish details of all land and building assets including:
- All service and office properties occupied or controlled by user bodies, both freehold and leasehold.
- Any properties occupied or run under Private Finance Initiative contracts.
- All other properties they own or use, for example, hostels, laboratories, investment properties and depots.
- Garages unless rented as part of a housing tenancy agreement.
- Surplus, sublet or vacant properties.
- Undeveloped land.
- Serviced or temporary offices where contractual or actual occupation exceeds three months.
- All future commitments, for example under an agreement for lease, from when the contractual commitment is made.
This information is published in our Property Asset Register.