Assets of community value
What is an asset of community value?
A building or land is an asset of community value (ACV) if its main use furthers the social wellbeing or social interests of the local community.
Community groups can nominate a building or piece of land to become an asset and be added to our ACV register. If we accept a nomination and the current owner decides to sell the asset, we'll notify the community group and give them time to raise funds to buy it.
Who can nominate?
Any eligible voluntary and community organisation can make a nomination, and there is no fee.
We consider all submissions against a set of criteria, as well as consulting the owner. Approved assets stay on our register for five years. The owner also has the right to have the decision reviewed.
Selling assets of community value
If the owner of a listed asset decides to sell it, they need to inform us. We will then inform the local community group who nominated the asset. Private sales are put on hold for six weeks to give the community group an opportunity to decide if they want to make a bid.
If they do want to bid for the asset, private sales are put on hold for a further six months (from the date the owner informs us that they intend to sell it). This gives the community group time to raise funds to submit a bid to the owner. At the end of the six-month period, the owner is under no obligation to sell the asset to the nominating community group.
If the owner goes on to sell the asset within a year, the new owner can apply to have the property removed from the ACV register.
On the 22 September 2023 we received a notification of intention to sell for ACV/19/08067: The Academy Pub, 57 Princedale Road, London W11 4NP. Further information on moratorium periods and intention to bids received are provided in the List of assets of community value table below.
How to nominate
Eligible community group can submit nominations. They need show evidence that the building or land will benefit their community's social interests.
Read these useful guidance notes before you make your nomination:
You can nominate properties in Kensington and Chelsea using these forms:
List of assets of community value
- List of Assets of Community Value
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Reference number Name of property Property address Nominating Community Interest Group TYPE Date added to list Reasons for approval Date owner announced intention to dispose End date of 6 week interim moratorium period Name of community interest group expressing an interest in bidding for the asset End date of full 6 month moratorium period End date of 18 month protection period Listing Expiry (5 Years after listing) ACV/19/03976 Ground Floor Community Rooms Kensal House Community Room, Kensal House, Ladbroke Grove, LONDON, W10 5BQ SPID Theatre Company Ltd Theatre 21/08/2019 The current use of the Community Rooms at Kensal House furthers the social, cultural and recreational interests of the local community. 21/08/2024 ACV/19/05922 The Ariadne Nektar Public House Public House, 274 Latimer Road, LONDON, W10 6QW St Quintin and Woodlands Neighbourhood Forum Pub 23/10/2019 The current use of the building furthers the social wellbeing or social interests of the local community and it is realistic to believe that the future use of the building or land will continue to further the social interests of the local community. 09/09/2022 21/10/2022 The Kensington Society submitted an expression of interest/intention to bid on 18/10/2022 09/03/2023 09/03/2024 23/10/2024 ACV/19/08067 The Academy Pub 57 Princedale Road, London, W11 4NP The Norland Conservation Society Pub 21/01/2020 The Property served the social interests and social well being of the local community in the recent past. It is realistic to think that there can continue to be a non-ancillary use of the building or land (whether or not in the same way) which will further the social wellbeing or interests of the local community for the next five years. 22/09/2023/td> 03/11/2023 The Kensington Society submitted an expression of interest/intention to bid on 04/10/2023 22/03/2024 22/03/2025 21/01/2025 ACV/23/00548 Notting Hill Police Station, Woodfield house and outbuildings 99 - 101 Ladbroke Rd, London, W11 3PL The Kensington Society Police Station 16/03/2023 The Property served the social interests and social well being of the local community in the recent past. It is realistic to think that there can continue to be a non-ancillary use of the building or land (whether or not in the same way) which will further the social wellbeing or interests of the local community for the next five years. 16/03/2028 ACV/24/03417 First Floor, The Prince Albert, Public House 11 Pembridge Road, LONDON, W11 3HQ The Pembridge Association Theatre 05/07/2024 The Property served the social interests and social well being of the local community in the recent past. It is realistic to think that there can continue to be a non-ancillary use of the building or land (whether or not in the same way) which will further the social wellbeing or interests of the local community for the next five years. 05/07/2029
- List of Unsuccessful Assets of Community Value Nominations
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Reference number Name of property Property address Nominating community interest group Reasons for refusal ACV/14/03792 Clifton Nurseries Nursery Lane, LONDON, W10 6QD St Quintin and Woodlands Neighbourhood Forum The Clifton Nurseries site is not currently, nor in the recent past has it been, in a use that furthers the social wellbeing or social interests of the local community. The definition of land of community value as set out in Section 88 of the Localism Act 2011 is therefore not satisfied and the nomination is refused. ACV/15/00135 Kensington Park Hotel 139 Ladbroke Grove, LONDON, W10 6HJ KPH United The nominating group (KPH United) did not qualify to make a nomination. ACV/19/03474 South Kensington Post Office 41 Brompton Road, London, SW7 3JG Kensington Society The property was Operational Land as defined by S263 of TCPA 1990 while operating as a crown post office. As such, it was defined in legislation as being not land of community value.
The now vacant Property fails to meet the definition of an ACV as it is not currently serving a community function and as operational land was not of community value in the recent past as defined by the LA2011 and ACVR 2012
The Property does not meet the definition of an asset of community value as set out in Section 88 of the LA 2011.
ACV/21/01607 Piazza – south of South Kensington Underground Station Property to the South of South Kensington Station, South Kensington Underground Station, Pelham Street, LONDON, SW7 2NB Pelham Residents Association The Property is “operational land” within the meaning of section 263 of the 1990 Act and thus is not land of community value pursuant to Regulation 3 and paragraph 4 of Schedule 1 to the ACV Regulations. The Property is also ancillary to the surrounding highway network.
Find out more
if you need any more information about ACVs or need help with making an application, get in touch:
Email: [email protected]
Call: 020 7361 3012
Assets of Community Value
Neighbourhood Planning Team
Planning and Borough Development
Royal Borough of Kensington and Chelsea
Town Hall
Hornton Street
London
W8 7NX