Assets of community value

‌‌Registration of buildings or open spaces as an asset of community value (ACV) is intended to give communities the opportunity to secure the continued use of the asset. This does not stop the sale or loss of such assets, but does give the community a six-month period once a sale has been announced to prepare a bid to secure the ACV's continued use for the community.

View the current ACV Register August 2024 (PDF File, 139kb). Registration as an ACV lasts for five years.

Read the government guidance on how the ACV process works.

How to register an ACV

Nominations should be made using our ACV nomination form (PDF File, 242kb). You should include as much evidence as possible to assist us in our decision making. We’ll consider nominations in line with our evaluation criteria for an ACV (PDF File, 224kb).

The process takes eight weeks and we’ll consult the owners and leaseholders of the property.

If you have any questions please contact the Planning Policy team by emailing planningpolicy@newark-sherwooddc.gov.uk or by calling 01636 650000.

View the register of unsuccessful ACV nominations (PDF File, 234kb)

Notification to sell an asset

If the registered owner intends to sell a registered asset, they must inform the Council of this decision by writing to the Business Manager – Planning Policy & Infrastructure. This act triggers the moratorium on any sale until the protected period(s) have expired.

You’ll need to include the details of the property, details of ownership and full contact details. The Council will then notify the relevant Parish or Town Council or community organisation to see if they wish to consider purchasing the asset.