Retail investment opportunities offered in the suburbs

A trio of retail investment/opportunities worth over €1.6m are offered this week in two of Cork city’s affluent suburbs, and in Midleton, East Cork.

In each case, there’s immediate rental income, and further business scope, broadening the likely base of bidding interest even more, with an appeal to owner-occupiers, developers, and investors, and at eventual yields of up to 11%.

Most valuable of the trio at €700,000 is the corner building Nos 7-9 East Douglas St, next to the East Douglas mixed-use development in suburban Cork. It comprises a restaurant investment earning €55,000 pa, with a further €11,000 pa, in a three-storey building.