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.
It does not stop the sale or loss of such assets. It does however 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.
ACV register
Registration as an ACV lasts for five years.
How to register an ACV
You can make a nominations using our ACV nomination form.
Include as much evidence as possible to help us in our decision making. We’ll consider nominations in line with our evaluation criteria.
The process takes eight weeks and we’ll consult the owners and leaseholders of the property.
Guidance on how the ACV process works – GOV.UK.
Contact us
If you have any questions:
Email: planningpolicy@newark-sherwooddc.gov.uk
Telephone: 01636 650 000
Notification to sell an asset
If the registered owner intends to sell a registered asset, they must inform us of this decision by writing to the Business Manager – Planning Policy and 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. We will then notify the relevant parish or town council or community organisation to see if they wish to consider buying the asset.