Assets of Community Value2018-02-08T17:31:15+00:00

Assets of Community Value

Safeguarding your commercial property assets

We are experts on all aspects of the Community Right to Bid and the Assets of Community Value (ACV) regime

Pubs and bars are by far the most common targets of ACV nominations and our years of experience in the drinks, hospitality and leisure sector have allowed us to develop a market-leading specialism in this niche area of law.

The Localism Act 2011 introduced the opportunity for communities to nominate local land and property for listing as ACVs by their local authority. ACVs are subject to strict restrictions on disposal and often a statutory moratorium must be observed before a sale is allowed, giving local community groups time to put in a bid for the property.

ACV listing can make it more difficult to obtain planning permission for change of use or redevelopment of the listed asset, which can be immensely frustrating for property owners intending to realise a planning gain from their investment.

We advise clients on all things ACV-related. Whether you need advice on resisting an ACV nomination, reviewing a decision to list an asset, pursuing a compensation claim or input on how to achieve your planning goals despite an ACV listing, we can help.

Our success rate speaks for itself; we have successfully resisted over 60% of the ACV nominations and reviews we have been instructed on. Where a property is already ACV listed, we work to mitigate its negative impact and have had great success in progressing planning aspirations despite ACV listing.

Ways in which we can help…

  • Advice and support in relation to the ACV regime, the Community Right to Bid, the Localism Act 2011 and the Assets of Community Value (England) Regulations 2012

  • Resisting ACV nominations

  • Conducting ACV listing reviews

  • Appealing ACV listing to the First Tier Tribunal and above

  • Obtaining compensation for ACV listing

  • Advancing planning aspirations

Mark Brown | Partner

KEY CONTACT

Call: +44 (0) 845 271 6764 | Email Mark | View bio

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