18-06-2024, 06:29 PM in response to #54676
Yeoman Wrote: CBS community benefit society is often the vessel. The key is to declare the pub as an ACV (asset of community value ). Labours idea sounds good but it adds nothing. How do you decide what price it should be sold at ? Can there be compulsory purchase ?
In reality you make sure it can only be used as a pub ( via ACV ) and can't be redeveloped into more valuable housing. At that point there is a minor battle of wills that takes place as to whether the owner can prove it can't possibly be run profitably, but in the end, if it can't be changed to private use the the pub is always going to be valuable open rather than closed.
Robin Hood pub in Woking mysteriously burnt down about five years ago.
Guess what they're doing with the land...