6.a Notice to community of intention to sell
Community Notice of intention to sell an Asset of Community Value
Town (and former) District Council Offices, North Street, Ilminster
Somerset Council has received notification from the owner of the above property of their intention to
dispose of the property. The property is listed on the Council’s Register of Assets of Community
Value and the Council is obliged, through its duties under the Localism Act 2011, to publicise the
proposed sale in the local community.
A six-week moratorium period comes into effect from 26 October 2023 and ends on 7 December
2023.
During the six-week moratorium period:
• the owner is unable to sell the property
• relevant community interest group(s) can express an interest in purchasing the
property.
Relevant community interest groups include:
• registered charities
• a community interest company
• a company limited by guarantee that is non-profit distributing
• an industrial and provident society that is non-profit distributing
Expressions of interest must be submitted in writing, on headed paper with a hand-written
authorised signature, to us at the above address no later than Thursday 7 December 2023
expressing that the interested group ‘wish to be treated as a potential bidder for the Town (and
former District) Council Offices, North Street, Ilminster asset.’
If any written intentions are received, the Council must pass on the request to the owner at which
point the full moratorium period of 6 months (from the original receipt of intention to sell) comes into
force. If no written intention(s) to bid are received within the six-week moratorium period, the owner
is free to sell the asset.
The owner is able to consider any bids received and Somerset Council must pass these on to the
owner as soon as possible.
If an expression of interest is received, then the six-month moratorium will operate until 26 April
2024; during this period the owner is unable to sell the property to anyone other than a relevant
community interest group.
After 6 months, they can sell the asset on the open market, and no further window can be triggered
for a protected period (18 months).
David Crisfield
Communities Specialist
