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Hare & Hounds - Community Asset listing requested.
by webmanager - 09:10 on 19 March 2015
The Community Right to Bid gives people the chance to bid to buy and take over the running of assets (i.e. buildings or land) that are of value to the local community.
Local groups have the right to nominate a building or land for listing as an ‘asset of community value’. When a listed asset is to be sold, local community groups will have a six month period to raise finance, develop a business plan and make a bid to buy the asset on the open market.
The current owners have no plans to sell the H&H at this time, but a property remains on the register for a period of five years.
The Parish Council itself is most unlikely to to make a bid to buy in its own right. Being listed gives the community time to form a bid group.
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