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Commercial premises for let and business for sale.
The well known and highly recommended business of Al Nawaz Superstore is for sale for 90k. This supermarket has been at the heart of the community for many years, continuously satisfying the local customers through all their needs.
Many are impressed with the fresh fruit and meat counter within the store. Although the meat counter is currently on a lease and is not included within the price.
The weekly turnover for the business is 14k, whilst operating a 7 day week. This is due to the good reputation this store and staff offers. This is a great opportunity with lots of promise. Rent is 24k per annum with stock, fittings and fixtures to be confirmed upon sale.
Based on property / land value of £24,000/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 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
24000.00
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