WELCOME TO KNUTSFORD BID
Knutsford BID is Business Improvement District, dedicated to investing in Knutsford’s future.
Supporting local businesses, improving the town centre and delivering projects that make Knutsford a better place to live, work, invest, and visit.
What is a Business Improvement District?
A BID is an opportunity for businesses and organisations to take a lead in the management and improvement of Knutsford for a five year defined period.
ADDITIONAL INVESTMENT GOVERNED AND MANAGED BY THE PRIVATE SECTOR
The BID in Knutsford could generate over £1m of business led investment over a five-year period and will cost the average premises the equivalent of £1.47 / day, and for 50% of premises less than £1 day.
The investment will be delivered through a new private sector led Knutsford Business Improvement District Board. The Board will be made up of local businesses and organisations who contribute towards the BID and answerable to the wider business community who fund the BID.
WHERE DOES THE INVESTMENT COME FROM?
The investment will principally come from a small additional levy paid by each premises (hereditament) within the BID area with a rateable value above £5,500. The proposed model will cost the average premises the equivalent of £1.47 / day.
Together this will raise an investment of circa £1m, over 5 years, which we expect will lever in additional funding from a range of sources.
WHO DECIDES IF THE BID IS TO BE INTRODUCED?
All eligible premises took part in a 28-day postal ballot vote to approve or reject the BID proposal.
A majority voted in favour of the proposal and the BID will come into operation from 1st April 2026, when all premises with a rateable value above £5,500 will pay the small annual levy (equivalent to 2% of their rateable value) to fund investments planned by the BID.
What a BID will deliver for Knutsford
This proposed draft plan for Knutsford BID sets out three potential themes for investment and associated projects where a BID will make a pivotal impact:
THEME ONE
DESTINATION KNUTSFORD
THEME TWO
EXPERIENCE KNUTSFORD
THEME THREE
CONNECTED KNUTSFORD
Full details of the proposed projects for each of these themes are available for you to review in the Knutsford BID draft plan:
More Information
For more information or to get in touch, please contact Gillian Taylor on [email protected] or by phone on 07810 123 996.