UK Real Estate PE, which tax rate for modeling?

Hi Forum,

I have a modeling test coming up with a small UK commercial PERE.
Because I have been on the lending side, I am not familiar with the tax side.
Can someone tell me what he/she uses as a tax rate for modeling purposes? Google tells me sth like 4% of purchase price (stamp duty land tax). I thought that the yearly tax rate should be sensitized as a % of net cold rent!?
Is anyone a bit more familiar with UK property tax? I just don't want to come up with a percentage that is completely off during the test.

Help is much appreciated!
Kind regards

 

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