Book a Property Valuation

 



COMMERCIAL SALES

 

 

 

 

 

 

 


Commercial Sales

Morris Marshall & Poole have been successfully dealing with the sale, purchase, leasing and letting of all types of Commercial Property for over 150 years.

Our team of Commercial Professionals can offer expert and honest advice in all areas of Commercial sales combined with focused advertising and strong media presence.  Reaching an extensive audience makes sure you have all that you need when selling through Morris Marshall & Poole.

The service includes inspection and advice, an advertising schedule, a viewing service, professional negotiation to agree a sale, monitoring and supporting the sale up to completion and all the after sales care needed.

Buying

Similarly, if you are looking to purchase a commercial property, whether it be for office space, retail, industrial, workshop or storage purposes etc, please contact your local office and we would be happy to assist you in finding the right property for you and your business.

For further information please contact your local office.  Contact details of our Commercial team can be found on ‘The Commercial Team’ tab.

Stamp Duty

When you buy a commerical property, you may be required to pay stamp duty tax, depending on the value.  New stamp duty rates were introduced from December 2014 and can be calculated using the table below

Freehold sales and transfers (Non-residential and mixed use including Commercial)

(You can also use this table to work out the SDLT rate for a lease premium).

Property or lease premium or transfer value SDLT rate
Up to £150,000 - freehold or leasehold with annual rent under £1,000 Zero
Up to £150,000 - leasehold with annual rent of £1,000 or more 1%
£150,001 to £250,000 1%
£250,001 to £500,000 3%
Over £500,000

4%

Example     If you buy a freehold commercial property for £275,000, the SDLT payable is calculated as follows:

  • 3% of £275,000 = £8,250
  • Total SDLT = £8,250

..........................................................................................................................................................................................................................................................................................................................