Greaves Street land listed as asset of community value

LAND at Greaves Street/Cross Street, Mossley, has been listed as an Asset of Community Value by Tameside Council.

It comes after the land was sold at auction for £40,000 in October.

Mossley Cllr Tafheen Sharif explained the consequences of the listing.

She said: “This is, of course, good news to some extent as if the owner wishes to sell the land then he/she will need to give notice to Mossley Town Council who will get six months to offer, negotiate and find funds for the sale.

“It does not however stop the owner from making an application to develop the land.

“However, the fact that the land is an ACV should be a factor in considering any applications for development.”

Mossley Town Council nominated the land at Greaves Street/Cross Street to be an ACV on September 27, 2017 under the Localism Act of 2011.

When listed assets come up for sale or change of ownership, the act gives local community groups the time to develop a bid to raise money to bid to buy the asset when it comes on the open market. The scheme is known as the community’s right to bid.

A further piece of land at Spring Street, Mossley, was also up for auction in October and that failed to find a buyer. It had a reserved price of £40,000-£50,000.

That was listed as a ACV on November 4 giving campaigners six months from that date to conclude a deal  to buy the plot from Tameside Council.

Further information about Tameside’s Assets of Community Value can be found online at: www.tameside.gov.uk/assetscommunityvalue

To learn more about Assets of Community Value, go online:researchbriefings.parliament.uk

 

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