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16

www.wandsworth.gov.uk/business

Old York Road has a distinct village feel

with boutiques, independent shops and

cafés at its heart. Transport for London

has recently started a consultation

process leading to the removal of

through traffic from Wandsworth

High Street to unite the town centre.

Work is currently underway on the

£600m redevelopment of the old

brewery site, “The Ram Quarter” by

Greenland UK Investment Ltd, which

will consist of more than 650 residential

units, a new microbrewery, a brewing

heritage centre and 9,500 sq m of

space dedicated to new shops, bars

and restaurants. The development will

preserve many of the site’s historic

buildings which will be restored and

refurbished. It will also generate

hundreds of permanent jobs. The

River Wandle will be opened up and

landscaped to provide public access

along a new riverside walk.

Wandsworth Town is well served by

three overground stations - Wandsworth

Town station, Wandsworth Common and

Earlsfield, Southfields underground

station and several buses.

X

wandsworth.town

WANDSWORTH TOWN

Wandsworth Town Centre has witnessed

significant regeneration in recent years

and has benefited from more than £1bn

in private and public investment. The

regeneration has brought extensive

redevelopments to Hardwick’s Way,

Smugglers Way, Buckhold Road and

South Thames College. It has also

created new retail, leisure, residential and

employment opportunities in the area.

Southside, London’s fifth largest indoor

shopping centre, now hosts some of

the biggest retailers on the high street.

The centre’s 14-screen Cineworld and

extensive range of restaurants is helping

to foster a thriving evening economy for

the area.

Wandsworth Town is home to an 80,000

sq ft Debenhams and the UK’s largest

“in town” Sainsbury’s complex, which

stands at 107,000 sq ft and features the

120-room Premier Inn and new Sports

Direct retail outlet. By contrast, nearby

WHAT’S A BID?

A Business Improvement District (BID) is a defined area within which businesses

decide on priority actions and contribute funds to deliver them. BIDs have proved

to be key in helping town centres evolve and thrive. Many BIDs are already in places

across south west London, and others are emerging, with over 50 in London alone.

A five-year business plan to improve the town’s performance is developed with

businesses, who then vote on whether to take the plan forwards. If a majority of

businesses vote “yes”, all businesses above a set threshold pay a levy to fund the

activities, usually around 1-2% of their premises’ rateable value (that’s £5-£10 per

week for the majority of businesses). The BID is managed by a company formed

from and led by levy-paying businesses.