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FREEHOLD GARAGE FOR SALE IN A POPULAR AREA WITH LIMITED PARKING AND GARAGEING
Location
The garage is situated within Pavlova Court approximately 300m
Description
The property comprises a mid terrace garage measuring 4.81 x 2.43 (15’7’’ x 7’9’’). There is a forecourt to the front which is part of the freehold.
The garage is constructed of concrete block walls under a sloping slate roof cover. Solid concrete floor. Metal up and over door to the front.
There is some boarding in the roof timbers for storage.
The garage would provide parking for someone who lives or works nearby as it is located a short distance from the town centre. Alternatively the garage could be used as a store.
Tenure
The garage is freehold and will be offered with vacant possession upon completion.
Based on property / land value of £20,000 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 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information