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South Lakeland District Council Community Right to Bid -

Notice ID: CAR0858633

Notice effective from
25th October 2018 to 24th November 2018

South Lakeland District Council Community Right to Bid -

Assets of Community Value Banerigg Wood, Grasmere, LA22 9SF

Notification of intent of sale On 9th October 2018 South Lakeland District Council ("the Council") received notification from Lake District National Park Authority ("the LDNPA") that the LDNPA intends to dispose of the listed community assets known as Banerigg Wood, Grasmere, LA22 9SF ("the asset"). Moratorium Periods (delay of sale) This notification has triggered the interim moratorium period which commenced on 9th October 2018 and finishes at the end of 19th November 2018. Community interest groups may now notify the Council of their intention to be treated as a potential bidder for the asset before the end of the interim moratorium period. Requests should therefore be made in writing to the Council before the end of 19th November 2018 to Anthea Lowe Solicitor to the Council at the address below. If no community interest groups notify the Council that they wish to be considered as a potential bidder during the interim moratorium period then the LDNPA may continue with the sale of the asset. If within the interim moratorium period, a community interest group states they wish to be considered as a potential bidder, they will be given until the end of 8th April 2019 to put together a viable bid. This is known as the full moratorium period. If a viable bid is submitted before the end of the full moratorium period the LDNPA can, after the expiry of the full moratorium period (subject to their own regulatory requirements), sell to whoever they choose and at whatever price. The LDNPA is also at liberty to negotiate with a preferred buyer during the full moratorium period, but the sale cannot be concluded during that period. Anthea Lowe

Solicitor to the Council, South Lakeland District Council, South Lakeland House, Lowther Street, Kendal, Cumbria, LA9 4DQ

Attachments

CAR0858633.pdf Download

South Lakeland District Council

South Lakeland House , Lowther Street , Kendal , LA9 4UF

http://www.southlakeland.gov.uk/ 0845 050 4434

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