Tag Archives: ACV

Bride Hall Appeal ACV Status of the Tumbly

We have this week been informed that Bride Hall have appealed the Asset of Community Value (ACV) status of the Tumbledown Dick, to the First Tier Tribunal stage. We are pleased that Rushmoor Borough Council do not agree with this appeal and will be defending their original decision that indeed the Tumbly is an Asset of Community Value.

It is most interesting that Bride Hall are going to such lengths to remove the ACV from the Tumbly, despite the local council agreeing that this building is important to our community.

We will keep you informed of the process and we are pleased to inform you that the Judge handling the case has instructed that the Friends of the Tumbledown Dick be offered the opportunity to link with RBC in the defence of the ACV at the hearing. This is new legislation, we are learning as we go, but we are very hopeful that the ACV will be upheld.

Our Council have UPHELD the decision to retain the Tumbly as an Asset of Community Value !!

List your local - Tumbledown Dick pub retains status as Asset of Community Value (ACV)The Friends of the Tumbledown Dick are delighted that the attempt by Bride Hall to negate the importance of this historic pub and music venue to the community of Rushmoor and in particular Farnborough has been muted by Rushmoor Borough Council.

The Tumbeldown Dick is indeed an Asset of Community Value (ACV) and one that we are fighting hard to protect for future generations. This latest development only reinforces our commitment to securing the site and reopening it as a community pub, run by the community for the community.

Much is being made about the figures quoted by Bridehall, a Bermuda registered corporation. The Friends believe that these figures are greatly exaggerated and are aimed at putting off potential investors as well as us. Indeed the District Valuer has some time ago valued the property at £1.5m However this previous valuation did not take into account the current level of willful neglect by the freeholder and the leaseholder. The leaseholder has already agreed to surrender the lease thereby removing this financial obligation. Bride Hall in their submission regarding the ACV review showed their greed and their disregard for our community by stating that they would willingly leave the Tumbledown Dick fall to further ruin if they were unsuccessful.

The Friends of the Tumbledown Dick are resolute in our commitment to seeing off the purchase by McDonald’s and ensuring that the building is re-opened and used again.

The documents are available (in full) for viewing here:

Our Rebuttal (our response to RBC regarding Bride Hall’s arguments to overturn the ACV)
http://friendsofthetumbledowndick.org.uk/wp-content/uploads/2013/05/BRIDE-HALL-ACV-REBUTTAL-v.2.pdf

RBC’s document to uphold the ACV:
http://friendsofthetumbledowndick.org.uk/wp-content/uploads/2013/05/RBC-ACV-challenge-review.pdf

NB: We are very pleased that the local council not only listed the Tumbly as an Asset of Community Value but also upheld the ACV too. For any campaigners looking to save their own pub we suggest that you take a look at the CAMRA “300 challenge” to list your local too.