Commercial Vacancy Rate In Co Tipp Higher Than National Average

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New data shows a slight decrease in the commercial vacancy rate in Co. Tipperary. That’s according to the Geo Directory’s report of the second quarter of this year.

The report indicates that of the main urban centres, Clonmel (18.6%) is dealing with the highest rate of commercial vacancy with Nenagh (14.1%) recording the lowest.

The year on year (2023-2024) difference is a drop of 0.1 percent with the overall commercial vacancy rate in the Premier County of 14.6% – which is higher than the national average.

Nationally 30,246 commercial properties were classified as vacant in June, with vacancy rates increasing in 14 out of 26 counties surveyed.

Ballybofey, Co. Donegal was the town with the highest commercial vacancy rate in the State at 33.6%, while Greystones, Co. Wicklow recorded the lowest rate (5.6%)