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Tag Archives: Commercial vacancy rates

Clare town has highest commercial vacancy rate in Munster

KILRUSH is the town in Munster with the highest rate of commercial buildings that are vacant. The town has had an issue with vacancies for some time and regularly features at the top of the periodic Geodirectory issued reports on vacancies. The most recent one showed that in the second quarter of the year there was a vacancy rate of 25.1% at Kilrush, the highest in Munster and the fourth highest in Ireland. However, on the positive side, the rate of vacancy in Kilrush was nearly 1% lower than at the same time in 2021. Jack Kelly, who has a well known business in the town, said that there has been a fairly good recovery since Covid-19 restrictions were raised. “I would say things are picking up, but Kilrush is always behind the curve on that, it is coming back, but slowly coming back. There have been a few extra units taken up around the town. “Has it changed much …

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Clare town has nation’s fourth highest commercial vacancy rate

A CLARE town has the fourth highest commercial building vacancy rate in the country according to a new report. Some 26.2% of commercial buildings in Kilrush are vacant the latest Geodirectory report has indicated. Shannon has a vacancy rate of 23.9% with only seven towns across the country having a higher rate. The figure for Ennis was 18.1%. Kilrush and Shannon were the towns with the highest vacancy rate in all of the 21 towns surveyed in Munster.  GeoDirectory was jointly established by An Post and Ordnance Survey Ireland (OSi) to create and manage Ireland’s only complete database of commercial and residential buildings. The figures are recorded through a combination of the An Post network of 5,600 delivery staff working with OSi.  The report showed that Clare as a whole had a vacancy rate of 15.2% in the last quarter of 2021, very slightly lower than the 15.2% figure seen at the same time in 2020. Speaking following the release …

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Commercial vacancy rates increase in Clare

Commercial vacancy rates in Clare have increased, from 12.2% in 2013 to 13% 2014, according to new research published by GeoDirectory. The total number of occupied commercial premises in Ireland decreased throughout 2014 from 195,545 in Q1 to 194,642 in Q4. The new research is from the 2014 Q4 edition of GeoView, which is published quarterly. It is the second annual review of commercial vacancy rates in Ireland that not only provides national data but also analyses the data by quarter, by county, by province and across a broad range of sectors in the Irish economy. The review found that the national average commercial vacancy rate in Q4 2014 was 12.8%. This figure represents an increase in commercial vacancy of 0.4% since Q1 2014. This means that the average national commercial vacancy rate in 2014 was 12.6%. All four provinces recorded an increase in their overall vacancy rate in 2014. Munster saw a commercial vacancy rate increase from 11.7% in …

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