67.9% of Longford’s vacant commercial addresses vacant for three years or longer

Martha O'Brien

Reporter:

Martha O'Brien

Email:

newsroom@longfordleader.ie

67.9% of Longford’s vacant commercial addresses vacant for three years or longer

67.9% of Longford’s vacant commercial addresses vacant for three years or longer

Longford’s commercial vacancy rate was at 15.1% in 2017 where as Westmeath’s was a rate of 11.0%. Wexford at 10.8% was the lowest vacancy rates and Sligo was the highest at 18.7%

 

67.9% of Longford’s vacant commercial addresses has been vacant for three years or longer comparatively Westmeath’s vacant commercial addresses is at a rate of 62.2%. Dublin 20 was the lowest in the country at 19.2% and Monaghan, at 78.5%, had the highest.

 

The national commercial vacancy rate has fallen from 13.5% in 2016 to 13.3% in 2017

 

Edgeworthstown was the town in Longford with the highest commercial vacancy rate with at 26.7% and Athlone, at 18.3% is the area with the highest commercial vacancy rate in Westmeath. Ballybofey in Co. Donegal, at 28.8%, remains the town with the highest commercial vacancy rate in the country.

 

In Longford, Longford Town is the town with the lowest commercial vacancy rate at 22.1 while Mullingar is the town in Westmeath with the lowest commercial vacancy rate at 11.6%. Gorey, Co. Wexford at 8.5% was the lowest commercial vacancy rates in the country.

 

Sligo had the highest commercial vacancy rate in the country at 18.7%, while Kerry recorded the lowest vacancy rate at 10.5%

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