High commercial vacancy rates recorded in north west

The County of Sligo has recorded the highest Commercial vacancy rate in the Country.


The commercial vacancy rate in Sligo stood at 19.4% in June 2022.

This represents a decrease of 0.6 percentage points  compared to June 2021.


The report, found that the national commercial vacancy rate stood at 13.9% in June 2022, a marginal increase of 0.25 percentage points (pp) when compared to the same period in 2021.


The national commercial vacancy rate is the highest level recorded by GeoDirectory since it began reporting on the rates in 2013.


Commercial vacancy rates increased in 15 out of 26 counties in the twelve months to June 2022, with a total of 29,241 vacant commercial units recorded across Ireland.

The highest commercial vacancy rates in June 2022 were found in the west and north-west of Ireland, continuing a trend observed in previous Reports. At 19.4%, Sligo was the county with the highest commercial vacancy rate, followed by Galway and Donegal (both at 17.2%), and Leitrim and Mayo (both 16.9%).



Province-wide, the commercial vacancy rate in Connacht increased by 0.1pp to 17.3% in the year to 2022, while the commercial vacancy rate in Ulster increased by 0.3 to 15.4%.



The Report examined the commercial vacancy rates among a sample of 80 towns across the country in June 2022. Of the towns in Sligo analysed, Sligo had the highest commercial vacancy rate at 24.1%, while Tubbercurry had the lowest at 21.7%.


The report found that Ballybofey, Co. Donegal, remained the town with the highest commercial vacancy rate in Ireland at 30.2%, registering an increase of 0.9pp between Q2 2021 and Q2 2022.


Dara Keogh, CEO of GeoDirectory says there is an East wide divide: