Our BID Area

New West End Company represents both property and occupier businesses in the West End, making it the UK’s largest retail & leisure-led BID.

We represent 82 streets and over 600 businesses including Bond Street, Oxford Street and Regent Street.

Occupier BID

New West End Company has retained the Occupier BID since 2005, representing the people and organisations behind the world’s largest retail and leisure destination for over a decade.

In March 2021 New West End Company renewed the Occupier BID for 2021 – 2026.

Results of the ballot were:

  • 99.5% of respondents (by number) voted in favour of our business proposals
  • 99.7% of respondents (by rateable value) voted in favour of our business proposals
  • 44% turnout in 416 hereditaments eligible to vote

View the 5-year business plan here.

With the renewal, we also extended our BID area to cover 82 streets in the West End. To view the list of streets click here.

View our baseline agreement and operating agreement by clicking the links.

Property Owner BID

New West End Company has retained one of the UK’s first Property Owner BIDs since December 2015.

In March 2021 New West End Company renewed the Occupier BID for 2021 – 2026.

Results of the ballot were:

  • 97% of respondents (by number) voted in favour of our business proposals
  • 98% of respondents (by rateable value) voted in favour of our business proposals
  • 82% turnout in 429 hereditaments eligible to vote

Working with our members and partners, we will strive to return our district to £10 billion annual turnover by 2025 but within the new environment created by COVID and in a more sustainable way which responds to global consumer trends.

View the 5-year business plan here.

View our baseline agreement and operating agreement by clicking the links.

What is a BID?

A Business Improvement District (BID) is a geographical area in which the local businesses have voted to invest together to improve their local trading environment.

BIDs provide additional or improved services, identified by the local businesses, to enhance the performance of businesses in the district. This could include extra marketing, safety, cleaning or environmental measures.

BIDs are business-led organisations. They are funded by a mandatory levy, added to the business rate, on all eligible businesses after a successful ballot.

To find out more about BIDs, visit the British BIDS website here.