Pub listed as an Asset of Community Value
The Crooked Billet pub in Colney Heath has been listed as an Asset of Community Value (ACV).
St Albans City and District Council has added it to their ACV list after an application by the Colney Heath Residents’ Association.
The Council decided the pub met the legal criteria of furthering the social wellbeing and interests of the surrounding community.
It provides a meeting place for Colney Heath residents and is also a focal point for activities including a summer party which was held earlier this year.
Under the Localism Act 2011, ACV status places some responsibilities on the owner should they decide to sell.
The owner must allow a period of six weeks after announcing a sale for a community interest group to decide if they want to make a bid.
If there is a request from such a group to become a bidder, the owner must then allow the group a six-month period to raise funds for an offer.
The owner can continue to market the property during this time but cannot exchange contracts or enter into a binding agreement to do so unless it is with the community interest group.
At the end of the six months, the owner is free to sell to whomever they choose at whatever price.
The Crooked Billet is a Grade II Listed building and is currently being repaired after being damaged in October when hit by a flat-bed truck.
More information about ACVs including the District's list can be found here.
Photo: The Crooked Billet.
Media contact: John McJannet, Principal Communications Officer: 01727- 819533; firstname.lastname@example.org.