Commercial vacancy rates fall in Boyle

Commercial vacancy rates in Boyle have fallen year on year.

That’s according to the latest report from which shows Boyle had a commercial vacancy rate of 21.6% for Q2 2019.

The corresponding rate for 2018 was 22%.

Boyle was one of a number of towns nationwide that showed a decrease in vacancy, at a time when the 15 towns who have the highest vacancy rates recorded an increase of 0.2%

Ballina has the highest commercial vacancy rate in Connacht at 22.9% while the overall rate in County Roscommon is 16.3%, Sligo 18.9% and Leitrim 16.7%

The largest annual increase in vacancy rates in Connacht occured in Carrick on Shannon which showed a relatively large increase of 2.1% year on year (2019 – 17.6% v 2018 – 15.5%)

Edenderry (Co. Offaly) recorded the highest commercial vacancy rate in Ireland with a rate of 28.8% while Greystones (Co. Wicklow), had the lowest vacancy rate in the State at 5.8%.

The report also shows that of the commercial addresses surveyed in Boyle, 49.2% are classed as service, 29% retail and wholesale, 9.8% health, 4.1% public admin, 2.6% education, 2.1% financial, 2.1% construction and 1% industry.

GeoDirectory was jointly established by An Post and Ordnance Survey Ireland (OSi) to create and manage Ireland’s only complete database of commercial and residential buildings. The figures are recorded through a combination of the An Post network of 5,600 delivery staff working with OSi.

The GeoDirectory database is used by many different companies and organisations across a diverse range of applications, including the emergency services, utility companies, banking and insurance providers, and all local authorities.


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