10% OF MONAGHAN TOWN COMMERCIAL UNITS ARE VACANT, GEO DIRECTORY STUDY INDICATES

24 August 2012 No Comments by The Northern Standard

A study conducted by the Geo Directory group and published this week has shown that 10% of commercial property units in Monaghan Town are now vacant.
The rate is slighly lower than the national average for vacant commercial premises, which the study has recorded at a current level of 11%.
Overall in Co Monaghan there are 383 vacant commercial units, although only 55 of these are in Carrickmacross which has the lowest rate in the county. There is an 11% vacancy rate (80 units) in Castleblayney.
Neighbouring Co Cavan town of Cootehill has 29 vacant units, a rate of 6%.
Both Cavan and Monaghan have an average commercial premises vacancy rate of 9%.
Nationally, 23,834 commercial units are recorded as vacant by GeoDirectory, out of a total number of 226,622.
Dublin records the highest number of commercial units with 48,760 and the largest number of vacant units identified of 5,581.
Sligo and Leitrim recorded the highest commercial vacancy rate of 14%.
Galway had the largest number of commercial premises vacant for a city at 818, 13% of total stock.
In all, eight counteis – Carlow, Donegal, Dublin, Galway, Leitrim, Mayo, Roscommon and Sligo – recorded commercial vacancy rates above the national average of 11%.
GeoDirectory was jointly established by An Post and Ordnance Survey Ireland (OSi) to create and manage Ireland’s only complete …

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