13.5% commercial vacancy rate in Mayo

Commercial vacancy rates in Mayo have increased, from 13.4% in Q4 2014 to 13.5% Q4 2015, according to new research published by GeoDirectory today (Monday, January 11 ). This was above the national average vacancy rate which stood at 12.6%.The total number of occupied commercial premises in Ireland increased throughout 2015 from 194,642 in Q4 2014 to 195,803 in Q4 2015.

The total number of comerical address points in Mayo according to the report was 8,233 with 7,123 of those address' occupied and 1,110 vacant according to the report. At the same time last year there were 8,187 commercial address points and 7,091 of them were occupied with 1,096 of them vacant.

The new research is from the Q4 2015 edition of GeoView which is published twice a year. It is the third annual review of commercial vacancy rates in Ireland that not only provides national data but also analyses the data by quarter, by county, by province and across a broad range of sectors in the Irish economy.

 

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