Derby Square, Douglas, Isle Of Man £8,500 Per Annum
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A superb opportunity to rent an office/store room with single garage below providing the perfect solution for small businesses looking for a flexible workspace in the heart of Douglas. The property is well-presented and in a convenient location, just a short walk from local amenities, transport links, and Douglas town centre.
The unit features circa 500 sqft of practical floor space that can be used for a variety of purposes. Above the garage, there is a bright and comfortable office/store room that provides a productive and welcoming environment. In addition, the property benefits from a fully equipped kitchen and a WC, making it a self-contained and practical workspace for small businesses.
The property is available to let on a leasehold basis, with flexible terms to suit the needs of a small business.
£8,500 per annum - 12 month lease terms are preferable.
Based on property / land value of £8,500/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