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Three counties in Shannonside Northern Sound region see commercial vacancy rates rise

Aug 27, 2020 13:00 By News Northern Sound
Three counties in Shannonside Northern Sound region see commercial vacancy rates rise
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Three counties in the Shannonside Northern Sound region have seen commercial vacancy rates rise as of mid-June this year. Longford, Leitrim, and Roscommon all

Three counties in the Shannonside Northern Sound region have seen commercial vacancy rates rise as of mid-June this year.

Longford, Leitrim, and Roscommon all saw a rise, while Cavan and Monaghan were two of only four counties to see no change in their vacancy rates during this period.

The GeoView Commercial Vacancy Report has been published, with data collected up to mid-June, in order to establish the initial impact Covid-19 has had on businesses nationwide.

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The national vacancy rate has risen with a decline of 291 units and now stands at 13.5%.

Locally, Longford and Leitrim’s vacancy rates have risen by .4% while Roscommon’s rose by .3%.

Leitrim is currently recording the highest vacancy rate in the country, followed closely by Longford.

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There was no change for Cavan which still has a vacancy rate of 13.2% just below the national average, with Monaghan also unchanged on 12.8%.

The report also highlights the towns in each county which have the highest number of vacant commercial properties.

In Monaghan Castleblayney comes out on top, with Bailieborough recording the highest rates in Cavan.

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In Leitrim Carrick-on-Shannon has the greatest vacancy rate, while Boyle has the highest in Roscommon.

Edgeworthstown in Longford has the highest in the county, as well as the whole Shannonside Northern Sound Region at a 25% vacancy rate.

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