Grosvenor & Riverside House to be Listed as Asset of Community Value

Rise Resound Rebuild has been successful in their petition to have Grosvenor and Riverside House as Assets of Community Value.

Following a meeting with the Economic Development and Planning department at Wiltshire council, it was decided that the buildings held tangible community value and will remain on the list until 11th February 2026.

As part of the decision-making process, it was noted that there was much local support to the listing of the buildings as community assets.

The letter outlining the decision-making process went on to say:

There is a benefit for Salisbury as a whole in having a centralised location for local knowledge and support, in a hosted building dedicated to supporting, networking and showcasing the community and opportunities for synergy with existing social enterprises that provide support in forms of counselling, interpersonal skills, debt redemption, food sustainability and personal growth.

R3 Rise Resound Rebuild propose to use the buildings and renovate them in a place that cultivates the community through creativity and recovery. The plan is then to reinvest the profits back into Salisbury through schools, businesses, the environment and infrastructure.

The plans include integrating Music Studios, a Greenhouse, Creche and Multi-use studios into the property as well as facilitating skills exchange and space for smaller organisations and startups to use.

Pete Rushforth from the group behind the petition said: ‘This is not the end of the road, merely the beginning of a longer one.’

You can find out more about the group’s ambitious plans here – https://www.riseandbuild.co.uk/

Further information included in the decision explain the process regarding the sale of the site.

An entry has been made on the Land Register and the owner of the asset cannot dispose of it without:

letting the local authority know that they intend to sell the asset or grant a lease of more than 25 years;
waiting until the end of a six week ‘interim moratorium’ period if the local authority does not receive a request from a community interest group to be treated as a potential bidder;
waiting until the end of a six month ‘full moratorium’ period if the local authority does receive a request from a community interest group to be treated as a potential bidder (in the first six weeks).

The owner of the property does not have to sell the asset to the community interest group. There is also a ‘protected period’ (18 months from the time that the owner notified the local authority of their intention to dispose of the asset) – during this time there can be no further moratoriums on sale and the owner is free to dispose of the property as they see fit.

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