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A tidy lock up shop, located in the heart of the popular village of Combe Martin. The property has a shop floor space of approximately 19 square meters to the front, with a kitchen and toilet area to the rear. All the mains services are connected. The shop is currently let to a long term tenant of a well established business, paying £3,900 per annum, making this a great low cost investment opportunity.
With near floor to ceiling double glazed windows, the shop floor is extremely light and airy and offers an abundance of sought after window space, crucial to any commercial property. Easily visible from the main road, and just a stone throw from the beach front.
Combe Martin is well known for its striking rugged cliffs and coves, situated on the dramatic North Devon Coastline and South West coastal footpath, on the western fringes of Exmoor National Park. A lively village with a popular beach and wealth of shops, bars and eateries.
Based on property / land value of £60,000 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
60000.00
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