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Cottage Fields are pleased to offer the opportunity to obtain this Established convenience store, CHAIN FREE with lease and stock for sale located on a busy high street in Green Lanes, Winchmore Hill. This food & wine store operates a newly renovated shop front open to the public, and the company is being sold with a CASH MACHINE and all STOCK INCLUDED, a very good turnover with salary and dividends available. Cash Machine brings in roughly £2000 per annum. Due to the business being still in operation all potential enquiries or viewings are on an appointment basis only.
10 YEARS LEASEHOLD REMAINING Lease rent per annum - £22,000 Building insurance per annum ~ £500 Business rates per annum ~ £2800
This property is located in the affluent and Historical area of Winchmore Hill. Offering a high footfall of locals due to restaurants, cafes and other local amenities. The area offers a strong sense of community, hosting weekly farmers markets and an annual town fair on the local green.
Based on property / land value of £100,000 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
100000.00
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