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•Future proofed by having an EPC B •Multi-let to 10 tenants with 2.90 years term certain •Reversionary passingrentof£1,330,952per annum (£58.67persqftoverall) •Excellent connectivity with Bank Station (Central, Northern, Waterloo & City, and DLR), a 2-minute walk away •Birchin Lane is a rare pedestrianised street linking Lombard Street to Cornhill, two of the City's major thoroughfares
Based on property / land value of £20,000,000 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
20000000.00
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