Asset of community value

A building or land in a local authority’s area can be listed as an asset of community value if, in the council’s opinion its use furthers the social well-being or social interests of the local community. It must also be realistic to say that it will continue to do so in the next five years, whether or not in the same way as before.

Where an asset is included on the list, the owner cannot sell it or grant a lease of more than 25 years without advising the council. An asset is on the list for five years.

Nominating an asset

Only eligible community groups can nominate for an asset to be included on the list. Such groups include parish councils, together with voluntary or community organisations that have an established local connection with the area.

Those nominating an asset need to show:

  • how the asset will enhance social wellbeing through alleviating poverty, creating employment, improving health or increase educational attainment and;
  • how the asset will enhance social interests, which includes cultural, recreational and sporting,
  • they have the skills, plans, management structure, resources and finance in place to manage the asset.

The council will then assess the nomination against the above criteria. The administration of the registration process is led by the Team Leader Asset Management.

The owner of the asset

Before the asset is added to the list, the council will advise the owner, in writing, of the nomination The owner can request an internal review and appeal. If the owner does not object or if the internal review/ appeal is unsuccessful, the asset will be added to the asset list.

The request for the internal review should be made in writing, explaining why you disagree, to the Team Leader, Asset Management, Slough Borough Council, St Martins Place, Slough, SL1 3UF.

If you want to appeal against the decision, you can in writing to: Joseph Carter, Assistant Director, Regeneration, Housing & Resources.

When the asset is for sale

When a property or land goes on the asset list the owner will be informed. The owner is then obliged to let the council know if and when they intend to sell their property.

If the council is told that an asset on the list is for sale, we will then write to the group(s) that nominated the asset and advertise the proposed sale on this webpage. Formal applications to acquire the asset need to be submitted to the council within six weeks. In this time the owner cannot sell the asset.

If no applications are received within six weeks, the owner can go ahead and sell the asset privately.

If an application is approved by the council, the owner will be advised that the asset cannot be sold for a further six months pending the community group raising capital and submitting a credible business plan. Even after the six months, please note the owner is not obliged to sell the asset to an eligible community group. The owner is free to sell the asset to anyone they choose.

Other community groups and successful nominations

Other community groups can apply to acquire land or property that has already been successfully nominated by another community group(s).

 Current nominations

Nominated
land/building
Ownership Nominator Nomination
form
Nomination
approved/rejected
Decision date Assessment
report
Star & Garter Public House, Park Street, Colnbrook, Slough, SL3 0JF Leisure Inc (Knightsbridge) Limited c/o Mason & Partners, 337 Bath Road, Slough, Berkshire, SL1 5PR CAMRA, Slough, Windsor & Maidenhead Branch Redacted nomination form Rejected 15/12/2015 Assessment of Asset of Community Value – Star & Garter PH
Colnbrook & Orchard Surgeries, Wheelwrights Place, Colnbrook, Slough SL3 0JX Tanfield Properties Ltd, Belmont, Mount Park Avenue, Harrow on the Hill, Middlesex HA1 3JW and
c/o JE Kennedy & Co Solicitors, 59/61 High Street, Harrow on the Hill, Middlesex HA1 3HT
Colnbrook with Poyle Parish Council Redacted nomination form Colnbrook & Orchard Surgery Approved 14/06/2016 Assessment of Asset of Community Value Conbrook & Orchard Surgery