Pictured above: 202 Alfreton Road

Nottingham agent heb is putting an interesting range of commercial properties under the hammer at its April auction which includes a Telecoms mast site.

The mast site, a first for heb, is situated on the well established Southglade Business Park and is currently let to Vodafone producing £4,000 per annum.

"This is an unusual lot," says Matt Hilton, partner and auctioneer at heb. "We are offering a site let to Vodafone currently producing £4,000 per annum with a rent review due in late March.

"This is an excellent opportunity to acquire a well secured income stream."

Heb is also auctioning a former nightclub - a substantial three storey leisure/residential property, is positioned in Alfreton Road, one of Nottingham's main arterial routes, and is currently fully let, producing an income of £41,600 per annum.

Matt Hilton, partner and auctioneer at heb, said: "This property is a great investment opportunity comprising two floors of leisure/pub operation including a self-contained manager's flat.  

"It also benefits from second floor accommodation which is currently laid out as seven lettable rooms - ideal for investors as it is placed within the recognised catchment area for Nottingham Trent University."

Also up for grabs in Alfreton Road is The Red Lion three storey public house. Matt added: "Pubs always prove popular at our auctions and this one is in a prime spot as it benefits from a daily traffic flow in excess of 23,000 vehicles. With three storeys, the property is suitable for a number of alternative uses subject to planning."

Other lots include a highly visible corner retail/residential investment property situated at Canning Circus. The ground floor comprises a shop and the lower level of a six bedroom flat which also extends across the first and second floors.

Matt added: "The property forms part of a retail parade in an area which is very popular with shoppers. The immediate vicinity is densely populated and, again, is within the catchment area for Nottingham Trent University."

heb will be auctioning a total of 25 lots at auction - seven of which are commercial and have a total price guide of around £1.2million.

"We have some unusual lots in this April sale," said Matt. "It will be an interesting auction."

The heb auction will take place on 13 April at The Gateway Hotel, Nuthall Road, Cinderhill, Nottingham at 2.30pm. For more information, contact Matt Hilton on 0115 9506611.