Dealicious investment

IT’S A Dealz, says East Cork estate agent Miah McGrath, holding out the prospect of a 10% return on a Midleton town centre investment, guided at €1.3 million, and with €140,000 a year income stream.

There’s just two years down and eight to go on a recent ten-year lease to discount retailer Dealz at 94 Main Street, right next door to Midleton’s Ulster Bank branch. Well-sited at the northern end of the street in the East Cork town, and also near Bank of Ireland and AIB branches, No 94 Main Street has dual access, with over 9,000 sq ft of retail building in between.

The rear access is from Riverside Way, and there’s parking for 16 cars at this point. Midleton town-based agents McCarthy and McGrath pin a guide of c €1.3m to the investment and say they’re getting calls from far afield, well beyond the usual catchment.