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Acting on the instructions of North Yorkshire Council (NYC), we bring to the market this retail unit which extends to approximately 413 sq ft. The property is available TO LET on a new 3 year Internal Repairing & Insuring (IRI) lease directly from NYC. As per any NYC commercial letting, the tenancy will be subject to credit checks at £50 + VAT plus contribution to legal costs of £545 + VAT.
EPC: Band D.
Business Rates: Rateable Value - £6,300 (The property qualifies for 100% Small Business Rates Relief).
Based on property / land value of £5,500/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