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With the introduction of the Community Right to Bid regulations, communities now have the opportunity to ‘stop the clock’ on the sale of valued community assets such as a local pub or shop, for up to six months. This window of opportunity will give communities the time they need to create a business plan and gather the necessary finances to bid for the asset.

Under the legislation, local community groups can nominate properties to be listed as ‘assets of community value’. On receiving the nomination from an eligible group, we will then determine the nomination against our policy.

A property which is successfully accepted as an ‘asset of community value’ will, if being sold with a potential change of use, be subject to a six week interim moratorium period where only an eligible community interest group can buy the asset. If a community interest group ‘expresses interest’ in buying the asset during this time, a six month full moratorium period is activated, within which only an eligible community interest group can buy the asset. This will give the community the time they need to put a business plan together and gather the necessary finances to bid.

The owner of the asset does not have to accept an offer from a community interest group, and after the full moratorium period has finished, can sell the asset on the open market to whoever they wish and at whatever price they wish.

For more information on the Community Right to Bid process, please see the Department for Community and Local Government’s non-statutory guidance document at the bottom of the page.

Our local guidance on the Community Right to Bid, the application form which will need to be filled out in order to register an asset of community value together with the registers of assets of community value and unsuccessful nominations are below and will be kept updated as and when new assets are added or applications are rejected.

If you have any questions about the process, please email planningpolicy@portsmouthcc.gov.uk.

Assets of Community Value Nominations

Asset of Community Value Notice of Disposal

Site name Site addressInterim Moratorium end dateFull Moratorium end dateProtected Period end date
West Lodge Locksway Road, Milton, Portsmouth, Hants PO4 8JW11 September 202028th February 202128th February 2022

West Lodge, Locksway Road, Milton, Portsmouth,Hants PO4 8JW

Notice was received from the owner of West Lodge, Locksway Road, Milton, Portsmouth, by Portsmouth City Council of the intent to dispose of the above property which is registered as an Asset of Community Value.

The interim Moratorium Period within which community interest groups may request in writing to be treated as a potential bidder expired on the 11th September, no responses were received, the protected period runs until the 28th of February 2022.

Register of successful nominations

Site nameSite addressDate of acceptanceNominators
West LodgeLocksway Road, Milton, Portsmouth, Hants PO4 8JW14 August 2017Wind in the Willows Nursery - Portsmouth
St James' Cricket GroundSt James' Hospital, Locksway Road, Milton, PO4 8LD 28 May 2017Portsmouth and Southsea Cricket Club

Register of unsuccessful nominations

Site name Site addressDate of refusalNominators
St Peters instituteFrasier Road, Southsea, PO5 IEE25 March 2013Pheonix Players
The Eldon Arms11-17 Eldon Street, Southsea, PO5 4BS31 March 2017The Eldon Arms Community Preservation Society