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100 Main Street, Midleton, Co. Cork

€ 395,000
100 Main Street, ,
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Overview

  • Updated On:
  • June 17, 2023
  • 0 Bedrooms
  • 0 Bathrooms
  • Area Size
  • Year Built: Year Built

Description

* HIGH YIELD INVESTMENT OPPORTUNITY * RENTAL INCOME 45K PER ANNUM * GROSS YIELD 11.39% * DEVELOPMENT POTENTIAL (subject to planning permission) * TWO APARTMENTS & TWO COMMERCIAL UNITS *

Cronin Wall Properties in conjunction with Powell Properties are extremely proud to welcome 100 Main Street to the sales market. A excellent investment opportunity in an attractive and central position in the bustling town of Midleton.

GROUND FLOOR – COMMERCIAL UNITS:
This consists of two retail / commercial units. The larger unit extends to 59.91m² offers direct access to Main Street Midleton and a shop front.

The second unit extends to 26.65m² has shared access through the main door.

APARTMENTS:
Two, One Bedroom Apartments, set on the first and second floors respectively. Both units consist of a Kitchen, Living/Dining Room, Bedroom & Bathroom.

POTENTIAL DEVELOPMENT (and access from Thomas Street):
Area to rear of property with side access to Thomas Street offering development potential for 3-4 units subject to planning permission.

Features :

  • Rental income €45,000 per annum
  • Mixed use development with two apartments on the upper floors along with two commercial units on the ground floor.
  • Dual access to Main Street and Thomas Street
  • Substantial property extending to 222.52 m² / 2,395 ft²
  • Pre-63′ Development
  • Gross Yield 11.39%

Building Energy Rating (BER):

Energy BER: N/A

Property Address

Address: 100 Main Street
City:
Area:
State/County:
Zip: P25 R578
Country: Ireland
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Location

Midleton is a vibrant market town set 20km East of Cork City and adjacent to the N25. Midleton is a designated metropolitan town and is a popular residential area (12,000 persons) within the city commuter belt and has an attractive range of shopping, educational, sporting and recreational facilities and local employment.

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Shay Cronin

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