A premises on Hucknall High Street is set to go under the hammer next week.

The property, 36 High Street, is listed at a guide price of £295,000 plus fees and is being sold by SDL Property Auctions. The auction will take place next Thursday (30 March) at 10am.

The property is made up of four businesses: Martin & Co; Belle Maison Boutique; Card Factory; and Ohannes Burger. It also includes two flats as well as rear parking.

It has been confirmed that the businesses will be unaffected by the sale.

The description of the property on SDL's website reads: "A Commercial Mixed Use Investment portfolio located on the High street of Hucknall and generating a gross income of £65,196 pa. This extensive property portfolio consists of a range of four well established commercial businesses, two impressive apartments above as well as rear parking.

"This portfolio is an excellent investment and extremely well suited to a serious investor looking to add to an existing commercial portfolio. The portfolio is leasehold and generates a Net income of £36,196 pa and delivers an extremely impressive yield against the guide price in excess of 12% making this a very appealing investment portfolio indeed.

"The properties are located in a busy and thriving part of Nottingham (Hucknall). There are good transport links in the area and a wide and varied range of amenities locally making the location very popular. Present ownership for 28 years".

For more information about the property, please click here.