BID benefits for businesses
PUBLISHED: 09:00 06 May 2016
A Business Improvement District could be set up in Clevedon in an effort to raise thousands of pounds to boost the town’s economy.
The scheme will see groups and business owners from around the town pay a portion of their business rates into an annual pot which could add up to £80,000 per year.
This money would be used to improve the appearance of the town and make it a more pleasant area for people to visit in the hope it will make them spend more time shopping in its retail areas.
Alistair Sims, who owns Books on the Hill in Hill Road, is a member of the Hill and Sea Independent Traders – a group of business owners in Hill Road and the seafront – and he believes the improvement district will benefit the whole of the town.
He said: “Specifically for us in Hill Road, we feel it can benefit us in creating signage, which there is a distinct lack of, which would then connect the whole of Clevedon together – thus more trade for all.
“In addition, we are in favour of creating a way to keep people in Hill Road, thus utilising areas already there such as Alexandra Park with benches, perhaps lighting, and sprucing it up to a place where shoppers can gather.
“It would allow for joint advertising of all the shopping areas in Clevedon which can only be a good thing.”
John Fox, chairman of Triangle Traders, added: “For us it is a way of regenerating the town and improving the area so more people will visit us in the shops.”
Business owners are set to outline their plans for the Business Improvement DDistrict to North Somerset Council in the coming weeks.
The idea for the BID came from Clevedon 2020 – a scheme involving groups such as MARLENS, Clevedon Pier and Heritage Trust and the town council – which was set up following a £10,000 Coastal Communities Fund grant.
The project has highlighted a number of other areas which could benefit businesses including creating better transport links and protecting the area’s heritage.