Town Centre Blues: Leixlip Tops List With Highest Commercial Vacancy Rate In Kildare

Tuesday, 27 February 2024 11:24

By Martin Osborne

The commercial vacancy rate in Kildare rose to 14.4% in December 2023.

New figures show town centres need help as the number of vacant commerical properties stands at its highest rate since records began.

According to the latest GeoDirectory Commercial Buildings Report, the commercial vacancy rate in Kildare rose to 14.4% in December 2023, surpassing the national average of 14.3%.

Leixlip registered the highest commercial vacancy rate at 15.9%, contrasting with Maynooth's lower rate of 12.6%.

At 20.5%, Sligo recorded the highest county commercial vacancy rate, followed by Galway (18.5%) and Donegal (18.2%).

The lowest commercial vacancy rates were recorded in Meath (10.1%), Wexford (10.5%) and Cork (12.2%).

Action plans transforming one town centre in every county are set to be unveiled by the Minister for Social Protection Heather Humphries tomorrow.

GeoDirectory CEO Dara Keogh says schemes like the Town Centre First policy are vital to making sure we don't slip further with our vacancy rates.

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