Want to understand more about Community Asset Transfers in Sevenoaks ahead of Local Government Reorganisation? Read our FAQ document!
Published: 14 April 2026
Ahead of expected Local Government Reorganisation, the local Community Asset Transfer discussions are ongoing. Sevenoaks Town Council is aware that Sevenoaks District Council will be required to transfer all major commercial assets e.g. large car parks, commercial office buildings, hotel to the new Unitary Authority. For this reason, the Town Council have not been requesting any of the larger commercial assets only those community assets originally donated to the town’s people.
It is difficult to see how the two Sevenoaks local authorities will be able to align when they approach the transfer from different aims.
Sevenoaks District Council has stated publicly that under direction of its auditors, Grant Thornton UK, it has to aim to maximise income and future development opportunities from community assets and charge Market Value to town and parish councils for these.
Sevenoaks Town Council’s aim is to preserve and enhance current community assets for current and future communities. It is requesting that community assets be transferred at ‘Best Value’ which takes into account social, economic and environmental well-being. Community Assets can legally be transferred at a nominal or nil transfer value if valued under £2m.
Click here to read STC Community Asset Transfers Frequently Asked Questions. This document has been created to help residents understand more about Community Asset Transfers in Sevenoaks and the risks to the Stag, Hollybush Recreation Ground and Sevenoaks Markets if they are not transferred to Sevenoaks Town Council.