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A great opportunity to acquire a ground floor commercial unit presently used as a cafe along with a two bedroomed duplex flat above having separate entrance to the rear.
The property is most conveniently situated opposite Heeley Retail Park close to Meersbrook Park with ease of access to the city centre being located on Chesterfield Road (A61).
We are informed that the cafe is let on a rolling contract currently at a price of £800 pcm and the flat (although now vacant) was let for £650 pcm. This gave a combined revenue of £17,400 per annum. The flat itself could do with some upgrading including a new kitchen.
Based on property / land value of £185,000 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
£
or purchases over £500k, SDLT is charged at 2% from £125k 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 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
185000.00
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