Gregory Narey | Chairman
Llandudno has been my home since 1983 when I moved from Manchester with my wife Joanne. I have two grown up children, my son Jonathan is in the automotive business in Sydney, Australia and my daughter Angela is Senior Crown Prosecuting Barrister for the Welsh Crown Prosecution Service.My businesses are Gregory’s Jewellers, Colwyn Jewellers, Pandora and I have commercial property interests. The business was established in 1983 and has grown in recent years and now employs a staff of around 30. My extensive retail experience in the BID areas could make a valuable contribution to the BID Strategic Board.I have clear views on how business can be maintained and improved in the BID areas of Colwyn Bay and Rhos on Sea.
Syd Gaskin | Vice Chairman
I’ve been in business in Mochdre for over 20 years. I consider myself to be an honest and trustworthy person. I enjoy being an active person in the Mochdre business community, and have also enjoyed being part of the Colwyn BID steering group, and since the ballot being on the Project board.
Gareth Jones is a multi-award winning entrepreneur from North Wales and owns and operates the Carbon Zero Group of Companies. His businesses extend across the energy, education, home and leisure industries His Leisure business called UK Leisure Living is based in Mochdre, selling Hot Tubs and Glamping Accommodation. He is a huge advocate of supporting the local community. Gareth recently founded the Carbon Zero Foundation, a CIC set up to give something back to the community. He has a passion for the local area and for wanting it to improve.
I started CBI Insurance 26 years ago as a sole trader and have remained director since incorporating the company in 2003. We deal with businesses and individuals all around the UK but with a focus on North Wales. I am a member of the Chartered Insurance Institute and the company is involved with business organisations like the FSB and the Chamber of Trade.I live in Flintshire but I previously lived in Mochdre and I am keen to see the rebirth of the area which is long overdue. Colwyn Bay needs to attract more of its residents to shop here; to do that we need a wider variety of retailers to occupy empty shops outside of the Bay View Centre.
Colwyn Business Improvement District
Frequently Asked Questions
Frequently Asked Questions
BIDs are part of the government’s long-term strategy, along with ‘Town Teams’ and the Mary Portas Review to encourage partnership working between a Local Authority and the business community. A BID is a defined area within which rate-paying businesses decide on new improvements to help transform their area – and then vote to agree the investment. This money is then ring-fenced to provide the improvements agreed through the BID strategy.
There are over 170 BIDs in the UK now and over 30 of these have been renewed. The majority of these had a greater turnout and an even greater vote in favour than the first time of voting. They see improvements to business profitability and turnover which would not have happened without a BID.
BID’s can be developed in towns, cities and industrial estates.
Essentially a BID is designed to be for the businesses, controlled by the businesses.
This area is undergoing a period of significant transformation but lifestyles are changing rapidly and this area competes with many smaller surrounding centres for its catchment’s disposable income. Businesses in this area need sustainable support to take advantage of its important strategic location and recent investments made in the area.
Through the BID, businesses could implement changes that they choose, to help improve the profile of businesses in the area, improve links between the different commercial elements of the area, and encourage people to visit the area more often and stay longer and national and international clients to use the businesses in the area – leading to increased turnover and profits and a more vibrant economy across the whole area..
It is essential that the businesses in the area determine the activities and objectives of the BID Business Plan. A series of business interviews, workshops, surveys and other research will be carried out to determine
• what improvements businesses in the area would like to make,
• why people visit the area and what would encourage them to visit more and stay longer.
We will develop a business plan and lead your representatives and local authority through the legal requirements to create the framework for the BID.
Improvements are made if the majority of ratepayers in a designated area approve them through a vote. This enables businesses to have a direct role in deciding what improvements should be made in their local area. After five years, the businesses will re-vote on whether they want the BID to continue and what they want to improve over the next five years.
The BID will deliver the changes and improvements that you and the other businesses in the area identify – these might include targeted street clean-ups, improved signage, promotions and events to increase the profile of the area – all of which will help to drive customer visits and encourage longer stays. It might be group buying initiatives which reduce costs and increased support with skill development and training, or specific targeted campaigns to support retailers and the leisure sector or professional services, commercial and industrial sectors.
However it is important to remember that the BID will not replace the existing services provided by your local authority– these will be benchmarked and monitored by the BID Company to ensure that the money generated through the BID is used for the improvements voted for by the businesses in the BID district.
• Deliver a pragmatic and business driven agenda.
• Be business led.
• Benefit from effective partnership with the public sector.
• Deliver sustained investment to improve the area over a five year period.
• Focus on achieving positive and measurable outcomes of benefit to all businesses.
If the vote is successful, the BID itself is funded by the businesses in the BID district and aims to be both fair and transparent. If the majority of businesses vote for the BID, all businesses in the area will be subject to an additional levy to their rates. This overcomes the problem of a few businesses paying for improvements that benefit many. We also hope that the BID will serve as a catalyst for change and bring in more investment to the area.
A BID can decide on the structure and criteria of its levies and may wish to consider a flat rate, a tiered charging system or capped rates. This will be outlined in the Business plan.