Assets of Community Value
Assets of Community Value are buildings or land that are considered to provide ongoing benefit to the community once they have been disposed of by the owners.
Part of the Localism Act 2011 gave communities the right to take over these assets and continue to use and maintain them.
Examples of community assets include:
- pubs
- community centres
- children's centres
- allotments
- libraries
Required criteria
To be listed an Asset of Community Value, a piece of land or building must be nominated by an organisation with a local connection, and meet certain legal criteria.
A building or piece of land is deemed to have community value if:
- the use of the land or building currently, or in the recent past, enhances the social wellbeing or social interests of the local community. For example, cultural, recreational, or sporting interests.
- the use of the land or building will continue to enhance the social wellbeing or interests of the local community.
Land or buildings that are exempted from inclusion on the list or operation of the moratorium, include:
- homes
- hotels
- assets being transferred between kindred businesses
- Church of England land holdings
How to nominate an Asset of Community Value
- Complete an Assets of Community Value nomination Form
- Provide the address of the property or land
- Provide details of the owner and current occupants
- Provide the extent of the site and its proposed boundaries
- Explain why you feel it is an asset of community value
Forms and guidance
Assets of Community Value nomination form (Word, 54KB)
Assets of Community Value guidance (PDF, 118KB)
Register of Assets of Community Value
The Croydon register combines both assets listed and assets where a nomination has been declined either by the council or at a subsequent appeal. You will also find the decision notices relating to nominations made to the council which include the detailed reasons for the council’s decisions.