Midleton town deal package packs a punch

A RENT roll of €72,000 a year from six tenants, plus 22 vacant business/industrial units stretching to almost 100,000 sq ft of buildings on over five town acres, is on offer for the all-in sum of €750,000.

The Midleton town deal, via agents ERA Downey McCarthy, will appeal to investors, developers and entrepreneurs, as well as possible end-users who’ll take a large portion of available space, and part-fund their purchase via rental income.

Listed this month is the Midleton Business & Enterprise Park on Dwyers Road, a former textile plant redeveloped and sub-divided over the past decade or two to comprise 28 units, the majority of which (22) were previously tenanted but currently are vacant.