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Pandemic linked to increase in local commercial vacancy rates

Aug 26, 2021 13:26 By Shannonside News
Pandemic linked to increase in local commercial vacancy rates
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Roscommon has the second-highest vacancy rate in the country.

Commercial vacancy rates across the region have increased over the course of the Covid-19 pandemic according to a new report.

The Geoview Commercial Property Report shows the Shannonside region as having some of the highest levels of vacant commercial properties nationwide.

Locally, Roscommon has recorded the highest level of vacant business properties and the second highest in the country at 17.3 per cent.

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That's followed closely by Leitrim at 17.2 per cent, which puts it third on the list.

While data shows 15.6 per cent of commercial properties are vacant in Longford.

Service industry properties such as bars and restaurants account for the majority of vacant businesses according to the report from Geoview.

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