Isle of Wight Council

Strategic Asset Management

Community Right to Bid

The recently published Community Right to Bid Legislation provides for community groups to bid for locally important "community assets". This includes buildings as well as land such as parks. Thereby giving them an opportunity to secure the asset's future use for the benefit of the local area.

The legislation provides for local community groups to nominate privately and publicly owned land and buildings to be listed as assets of community value.

It is for the Council to determine whether:

  • The nominated assets contribute to the social wellbeing of the area.
  • The nominated assets can be recognised as being assets of community value.

View the Council's Community Right to Bid Policy

The Council has prepared a panel guidance note, which is supplementary to the Council's policy. It includes useful information like how "community value" is decided.  

Once listed, the owner of the asset of community value is not able to "dispose" (including a sale or a lease of 25 or more years) of it until an opportunity has been provided for interested community groups to register an interest in purchasing. If so a further opportunity for submitting an offer on the open market for the asset alongside other offers that the owner may receive for it. The provisions do not restrict in any way who the owner of the asset can sell to or at what price. Nominations do not have the effect of preventing the sale of assets which are on the market at the time that the nomination is received.

The Council maintains three publicly accessible lists containing information relating to nominations and decisions. These are available online:


Hard copies are available on request, please use the details found in the contact tab (

Make a Nomination