Tipperary Witnesses Third Highest Commercial Vacancy Rate Increase In Country – Mattie McGrath

Independent TD Mattie McGrath has described as extremely alarming the latest statistics which show that the level of vacant commercial properties in County Tipperary now stands at 14.5%, up from 12.7% in 2016. Deputy McGrath was speaking after the figures release by GeoDirectory and DKM Economic Consultants also show that Clonmel now has a commercial vacancy rate of 19.1% while Nenagh and Thurles showed vacancy rates of 16.4% and 13.4%, respectively:

“These figures prove the absolute lie that is being peddled by this government in terms of rural rejuvenation.

The national commercial vacancy rate in the second quarter of 2017 was 13.5%, an increase from 13.1% since Q2 2016.

This not only means that counties like Tipperary are already significantly above the national average, but that towns like Clonmel have an astonishing 5.6% higher rate of commercial vacancies than the national average.

This breaks down to almost 1 in 6 properties in Clonmel and 1 in 6 properties in Nenagh being vacant due to the high level of rates. That is outrageous.

I am calling on the Minister for Local Government Eoghan Murphy to immediately address these divergences in vacancy rates and to acknowledge once and for all that the current commercial rates system is strangling the life blood from towns and villages right across the country,” concluded Deputy McGrath.

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

You must be logged in to post a comment.