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Slight increase in Tipp commercial vacancy in last quarter of 2020

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According to the latest GeoView Commercial Property Report the number of commercial properties not in use in Tipperary was up 0.2 percentage points to 14.4%.

This is above the national average of 13.5.

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Tipp accounted for 3.9% of the State’s total commercial stock of 211,677.

Of the towns in Tipperary sampled, Clonmel at 18.5% had the highest commercial vacancy rate while Nenagh at 15.2% had the lowest.

The findings of the report suggest that the impact of the Covid-19 pandemic on the commercial property landscape in Ireland has not yet been fully realised.

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