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TO LET | Fully Equipped Central Cafe / Restaurant boasting 60+ covers with 450 sq ft commercial kitchen.
2,235 sq ft Town Centre Cafe / Restaurant Opportunity TO LET with NO INGOING. CPH Commercial bring to the market these fantastic premises on the beautiful boutique Bar Street which will appeal to a host of food led operators. This inviting unit benefits from a vast dining area with bi-fold doors leading out onto Bar Street together with a vast fully equipped commercial kitchen, storage and customers toilets. The unit traded very successfully as Boddy's of Bar Street and now is available to lease on a minimum 3 year Full Repairing & Insuring lease.
EPC: Energy Rating C
Business Rates: £20,750. (75% reduction for cafe and restuarant operators - TBC.)
Based on property / land value of £24,000/Per Annum there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information