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FOR SALE | Town Centre Warehouse with lapsed Planning Permission for redevelopment into 16 self-contained flats with lower ground floor car parking.
Currently arranged as a 3 storey workshop / warehouse the building is divided into 3 separate letting units with approximately 4,800 sq ft across each floor: The building is ideal for renovation / re-development and could remain in its current arrangement until future development: The previous planning permission can be viewed on the local authority planning portal using the reference Decision No 05/02137/FL
Based on property / land value of £295,000 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