Owning your own home

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Sparky

If someone bought a little workshop like this, what would the costs be? Presumably it gets a leccy bill like any house does, and water too? Is there council tax to pay on it? Or business rates?

https://www.zoopla.co.uk/for-sale/commercial/details/51996341?search_identifier=a001983be6bf30fea62d69874b1771ff

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Tomo187 in reply to @Sparky

If the buyer already owns a property then they would be liable to highest stamp duty tax due to the workshop costing more than 40K. Higher bracket is 3% on entire value. There are other variables with stamp duty though that would need checking out.

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