May 28, 2023
Business News Property

Sign of the times: More than one-in-10 Kilkenny premises now lying vacant

Almost 13% of  Kilkenny’s commercial premises are currently vacant, a new survey reveals.

The rate has increased by almost 1% from 2018, according to the latest GeoView Commercial Vacancy Rates Report published by GeoDirectory.

Callan has the highest commercial vacancy rate in the county at 22.3%. Kilkenny city has the lowest vacancy rate at 14.7%

The overall commercial vacancy in the county is 12.7%.

On a national level, the report found that the commercial vacancy rate increased in all four provinces in 2019. The national commercial vacancy rate stood at 13.3% in Q4 2019, 0.1% higher than the same period in 2018.

In total, 16 counties recorded increases in their commercial vacancy rate. Just six counties recorded a decrease.

Sligo (18.9%) has the highest commercial vacancy rate.

Dublin recorded a vacancy rate of 10%.

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