Flint Bishop

Midlands based company Heb spring into action for April auction

Pictured above: 70 Carlton Road, Nottingham

 

In its April auction, Nottingham agent heb will bring 17 lots under the hammer which will include several residential properties, a public house and a bit of land on the side.

It has already been a successful year for the Notts-based agent after finding out earlier this month that it had been named by the essential Information Group as the best-selling new auction house in the UK. Of the 33 auction houses which were set up in the UK in 2009, heb topped the list with £9.5m in auction sales.

Matt Hilton, partner at heb and head of auctions, said: "We have already had a fantastic start to 2010 with the accolade of best-selling new auctioneers. The February auction was also a huge success as we made over £2m. We are now looking forward and anticipate huge interest in the April auction too as there is a really good variety of lots available.

One lot which is set to cause excitement at the auction on the 20th April, is lot 1, a single building plot with outline planning permission for a detached house. The land, which is adjacent to Radcliffe Road in West Bridgford, has a guide price of £110,000-£125,000.

"I am particularly interested to see how the land available in West Bridgford will fair," says Matt. "It as it is extremely rare for this amount of land to be available in such a sought after area, where planning permission has already been granted for a relatively large property. I think it will definitely generate a lot of interest."

Other Nottinghamshire lots include lot 13, The Hermitage public house in the heart of Sneinton and lot 14, Wedgwood House on Carlton Road in the city.

"Wedgwood House is a particularly large office building and has great potential for investors. It is in a prominent location and is very close to the city centre," says Matt.

Other lots include six residential properties at locations across the city and a residential development site at St James Street in Arnold. There is also a lock-up shop with living accommodation above on Nottingham Road in Ilkeston, with a ground floor area of 387sq ft.

The heb auction will take place on 20 April 2010 at Nottingham Belfry Hotel, Mellors Way, Nottingham at 2.30pm. For more information, contact Matt on 0115 9506611.

 

 

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Article published by Midlands Business News on 29 March, 2010

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