Community given opportunity to bid as village pub put up for sale
A Harlton pub has been put up for sale triggering a process that will give local groups an opportunity to bid for it.
The owners of the Hare and Hounds have notified South Cambridgeshire District Council of their intention to sell the pub which sets the clock ticking on a six week period in which community groups have to register an interest to bid.
The pub was nominated for listing as an Asset of Community Value by the local parish council under the Government’s rights and powers for communities as part of the Localism Act. This gives community groups time to pull together a bid if a listed asset is put up for sale.
The deadline for registering an interest in bidding for the pub is 5pm on Tuesday 19 July.
If an eligible group with a local connection steps forward with intent to bid for a listed asset within six weeks of it being put up for sale, then the sale is paused for six months. This gives the local groups time to prepare a business plan and raise finances to make a bid but they must still compete on the open market and the owner doesn’t have to accept this bid.
If no bids are received, the pubs will enter a protected period during which time the asset can be sold to anyone, on the open market, without further delay.
The Government legislation was put into place to help communities to take over assets and land of local significance, such as local pubs, shops and recreation grounds.
Details of the moratoria that now apply and maps of the site are available on South Cambridgeshire District Council’s website: www.scambs.gov.uk/community-right-bid.
The Council’s website also has details of the Right to Bid process and assets listed on the register in South Cambridgeshire.
Cllr Tim Wotherspoon, South Cambridgeshire District Council’s cabinet member responsible for community assets, said: “The local community has already spoken up and said this is an important asset for them. The process gives local groups the time they need to have a realistic chance to register an intention to bid for the pub and pull together business plans and finance. If you want to keep the pub’s future to be one of community ownership it is important to step forward now.”