Community Ownership Projects
The local village pub is a great British institution and an integral part of community life; we want to keep it that way.
Unfortunately, due to challenging economic times, many pubs and rural services have struggled to operate as they used to, and in some cases have faced closure. The impact this continues to have upon local community infrastructures is significant.
Can your community run the local pub?
Like so many across the UK, we want to ensure that pubs and other rural services remain pillars of the community, so we have an advisor who can help specifically on community ownership projects. As an organisation we cannot advise your group on legal or business decisions but we can help local communities to mobilise; giving them the tools they need to strengthen and support their local services by taking ownership of their local pub.
Pub is The Hub has already supported and advised a large number of communities who have undertaken such projects. Although only around 10% of groups actually go ahead with their plans to buy or run their local pub, for the ones that have taken the plunge, the results have been inspirational.
Take a look at some of the past community ownerships projects in our case studies section to find out more. Contact details are included in the case studies so you can communicate directly with other community groups to see how they got on.
The Community Right to Bid
The Community Right to Bid was created in the historic Localism Act in September 2012 across the country. This means that communities can 'stop-the clock' on the sale of valuable local assets and amenities like post offices, village shops or community pubs, giving them time to put in a takeover bid of their own and protect it for the wider community's benefit.
The new right gives voluntary and community organisations and parish councils the opportunity to nominate an asset to be included on a list of 'assets of community value', pausing the sale of a successfully listed asset for six-months, giving communities the time to prepare a bid and get a business plan together. Previously the community had no opportunity or time to gather resources to bid to buy or take them over.
In a nutshell it means that:
- Communities can apply to get a range of local assets registered as ‘assets of community value’
- If a registered asset of community value goes up for sale, communities will have 6 weeks to express an interest in taking on the asset and fulfilling some of the criteria
- If approved they will have a total of 6 months during which the asset cannot be sold to anyone, while communities develop plans and raise finance
- At the end of the six month ‘protected period’ the asset owner can then sell to whomever they like - this does not mean that communities can force a sale
- Although it will not make the process easier for all communities in all instances, it should certainly significantly help some communities.
For more information about what these powers could mean for your community visit http://www.mycommunityrights.org.uk
To find out more about what to consider before applying for community ownership, along with details on which scheme is right for you, contact Mike Clayton, our experienced community ownership advisor by clicking Community Ownership Enquiries.