The Clapham Junction Business Improvement District Steering Group is proposing to set up the Junction Ahead – Business Improvement District (BID). In order to establish a BID, a democratic ballot must be undertaken and should secure a majority ‘YES’ vote from businesses within the proposed BID area.
What is a BID?
Business Improvement Districts (BIDs) bring benefits to local businesses that go beyond the services already provided by the local council. BIDs are a business-owned, led and funded initiative set up through a democratic ballot of eligible businesses. If the outcome of the ballot is a majority ‘YES’ vote, this leads to the formation of a new body that represents the local business base. The BID is funded by a levy that is payable by all businesses within the proposed BID area with a minimum rateable value of £17,000 or more.
What are the priorities for a BID in Clapham Junction?
Over 100 local businesses were consulted in Autumn 2017 about their perceptions and aspirations for the area. The three priority themes that businesses have expressed that they would like to see addressed are:
- Events and festivals – the BID will work with traders and community groups to bring an exciting annual programme of events to attract more visitors.
- Safe and welcoming – Addressing crime and antisocial behaviour would be a key priority for the BID, and the new organisation would work with the police and local authority to tackle this.
- Marketing and promotion – the BID will develop a distinct brand and identity for Clapham Junction and will promote what the area has to offer by developing a joined-up marketing strategy and other digital platforms to boost the profile of the town and its businesses.
5 key benefits of a BID
- A fully-resourced 5 year programme to enhance the town’s competitive position, delivering initiatives that businesses want to run see happen, over and above existing services.
- Contribution from all parts of the town’s business community, with national chains and eligible independent business contributing equitably, according to their scale.
- Opportunities to save real money on business costs through a shared purchasing scheme.
- A strong platform to advocate for the town and its businesses and potentially attract external funding.
- A strong and open governance model that gives businesses the opportunity to contribute to and engage with the BID.
How can you get involved in governing the BID?
The BID board will be made up of local businesses so you can have a say in how the BID is run. You can also get involved in other steering groups focused on particular projects. If the BID receives a YES vote, we will circulate invitations to get involved in these groups.
The following will not be eligible for the BID levy, nor for the vote:
- Business units with a rateable value of less than £17,000
- ‘Central List’ properties that are not contained in the local rating list.
- Advertising rights, telephone masts, delivery lockers, communication stations and ATMs
- Residential estate offices
- Local Authority Schools
All other types of business are eligible to vote in the BID ballot and to pay the BID levy
How will the BID levy be calculated?
The levy rate to be paid in respect of each hereditament each year is to be calculated at 1.5% of its rateable value at the ‘chargeable day’ (notionally 1 March each year). For the purposes of this calculation, the 2017 rating list will be used throughout the five-year term of the BID to ensure clarity for businesses on what they can expect to pay. Where a hereditament does not have a rateable value on the 2017 list (for example in the case of newly-built premises), the levy for that hereditament will be calculated using its rateable value on the most recent list.
Occupiers within the managed shopping centre (Shop Stop at Clapham Junction) that are subject to a service charge for management, will pay 50% of the levy. Outward facing occupiers within the managed shopping centre will pay 83% of the levy.
How long will the BID last and when will it commence?
The BID term will be five years in duration from 1st April 2019 to 31st March 2024. Before the end of this period, the BID Board may choose to seek renewal of the BID for a further term, through a renewal ballot.
What area is covered by this proposal?
The proposed BID area covers the following streets, either in whole or in part:
|Abyssinia Close, 16||Lavender Gardens, 51|
|Battersea Rise, 1-105 odd and 2-110 even||Lavender Hill, 168-288 even, 187-325 odd and Battersea Arts Centre / Town Hall|
|Brighton Yard||Lavender Sweep, 1-5 odd|
|Broomwood Road, 48 even, 59-63 odd||Mossbury Road|
|Chatham Road, 70-74||Northcote Road|
|Falcon Lane||Plough Road, 130-138 even|
|Falcon Road, southward of railway line||Prested Road|
|Junction Approach||Severus Road, eastern side|
|Shop Stop Shopping Centre||St Johns Hill, 2-162 even and 1-229 odd|
|Latchmere Road, 124||St Johns Road|
The area is shown in the map below:
Businesses have the opportunity to cast their vote on whether they wish to see a BID in Clapham Junction in the upcoming ballot process. The deadline for receiving postal votes is on Thursday 8th November at 5pm.
The ballot will be managed by Wandsworth Council and will run between Thursday 11th October 2018 and Thursday 8th November 2018. The ballot will be a secret postal ballot of the eligible hereditaments on the National Non-Domestic Ratings List at the time of the Notice of Ballot being issued. Where the occupiers of individual hereditaments have nominated in writing the name of the person who should vote on their behalf, the notice of ballot and ballot papers will be sent to them.
The results of the ballot will be announced on 9th November 2018. It is anticipated that the new organisation will be set up between January to April 2019, subject to a majority ‘YES’ vote during the ballot.
- Northcote Road Business Network
- PCS Commercial Union
- Northcote Pub
- Shop Stop Clapham Junction
- St John’s Hill Traders Association
- Battersea Arts Centre
- Metro Bank
- Network Rail station manager
- Wandsworth Chamber of Commerce
- Wandsworth Council
FIND OUT MORE
Download the full BID proposals: Battersea BID Brochure.
Download the BID Technical Details – Clapham Junction
If you have any queries in relation to the proposed ‘Junction Ahead’ BID, you can get in touch by emailing email@example.com