Buyer is a shoe-in on Main St in Midleton

88 Main St, Midleton, Co Cork.

A well-known shoe shop in Midleton Co Cork, which has been in the ownership of the same family since 1917, has been put up for sale following the retirement of its owners, the Colemans.

Previously operating as J Coleman’s Shoe Fitters, the East Cork premises contains a mix of commercial and residential accommodation, with a highly-visible retail unit on the ground floor, and a two-storey townhouse overhead, with own-door access.

The residential element has been vacant for a good many years and should be eligible for a vacant property grant, if new owners opted to renovate and upgrade.

Currently, the residential element is laid out as an entrance hall with stairs to the first floor where a generous living room has three windows overlooking Main St. Also on this floor is a kitchen/dining area.

All three bedrooms and a bathroom are on the second floor.

The 220sq m (2,370sq ft) property has a rear yard with pedestrian access leading to the rear of the building.

Kyle Kennedy of Kennedy Estate Agents is selling the substantial mixed-use premises and he notes its high-profile location at No 88 Main St.

“It’s being offered for sale for the first time in over 100 years due to the owners retiring and it’s an excellent opportunity for a business owner to operate on the ground floor while generating an income from the overhead residential accommodation.

“Equally, the property would present as an ideal investment property with the potential for two income streams,” Mr Kennedy said.

Mr Kennedy had held eight viewings at time of writing, and had an offer of €400,000. Rates are currently €1,991 per annum.

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