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TO LET | Prime Retail Unit in Scarborough Town Centre.
Due to business expansion, this unit is available TO LET is this superbly positioned retail / office unit, located adjacent to MARKS & SPENCER on the pedestrian section of Scarborough's High Street (Westborough & Newborough). Occupiers within the immediate vicinity also include Barclays Bank, Lloyds Bank, Thomson Travel Agents & Eden Mobility to name just a few. The premises are laid out over three floors and extend to a overall Gross Internal Area (GIA) of approximately: 143.6 sq m (1,545 sq ft). The premises are available to let on a new Full Repairing & Insuring (FRI) Lease for a minimum 3 year term. VAT is applicable. All enquiries to CPH COMMERCIAL.
Based on property / land value of £18,000/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 31st October 2024 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information