Planning legislation exists to protect pubs that are considered ACV, or 'Assets of Community Value.' ACV-listed pubs require planning permission to change their use or demolish them.
What Does ACV Mean Exactly?
So, we know what 'ACV' means, but how does that relate to pubs?
ACV refers to land or property that is particularly important to the local community.
Once a property is ACV-listed, the community gains the right to bid on it. This means that, should there be a change of ownership or threat of closure relating to a property which is ACV-listed, local communities are given extra time to plan a bid on the property, and raise the funds with which to buy the property.
The idea is that there is a real benefit to be had from the continued operation of certain properties that act as hubs for the local community – such as a pub, for instance! However, local communities often don't have the funds to make a bid quickly enough when they're competing with private interests. The ACV gives them that time.
A Force For Good?
In many cases, running a pub in the current economy is unsustainable. A pub owner who is struggling and losing money could find it difficult to either sell their pub for a fair price or continue supporting and maintaining the pub. Community ownership could be a temporary measure, but it won't always fix the core problems.
Need Help?
If you need help, get in touch with Kingsley Smith Solicitors.
We have a vast amount of experience with planning law and a track record of achieving results for our clients.
If you'd like more information, send us a message, and we'll get back to you as soon as possible.