About Altrincham BID
Altrincham BID was launched in April 2016, and in its initial five-year term will bring investment of approximately £1.4 million to Altrincham town centre.
Although new to Altrincham, BIDs are well established in the UK, with over 200 towns and cities already using this mechanism to drive improvement in their area. A BID is a defined area within which businesses have voted to invest collectively in improvements to enhance their trading environment.
BIDs provide services additional to those provided by the local authority, funded by means of a levy payable by non-domestic rate payers.
In Altrincham the BID levy is payable by all businesses with a rateable value of £7000 or more located within the defined BID area and is set at 1.5% of rateable value (based on 2010 valuations). The levy is collected by Trafford Council on behalf of the BID. Invoices are issued annually in March and once the levy is collected the money is passed to Altrincham BID.
More information on BIDs is available on gov.uk.
Altrincham Unlimited is the brand name of Altrincham BID; this branding is used for the delivery of all events, services and marketing undertaken by the BID.
Altrincham BID’s primary objective is to improve the trading environment in Altrincham town centre to help its levy-payers enhance their business performance. This will be achieved via a series of projects and initiatives to be delivered over the BID’s five year term.