They should have broken this out by sub section, very little industrial units / warehousing available.
Loads of retail units unoccupied because of the insane cost of running a retail business in Ireland.
And what does our government do about the retail businesses closing down? give planning permission for Amazon to block out roads and pass Irish jobs abroad to foreign fulfillment centres where labour is cheaper, going so far as to have a government department champion them on their launch day.
Sharp_Fuel on
Something needs to be done to lower commercial rents, potentially a commercial vacancy tax. I’ve seen too many good, otherwise successful businesses, not being able to stay open once rents started to rise
pauldavis1234 on
**Dublin 2 had the highest vacancy rate of all Dublin districts at 18.7%, which is 4.2 percentage points higher than the national vacancy rate.**
Absolutely insane. The best postcode in the country. Just shows how paper thin the veneer that this economic success is.
Puzzled-Forever5070 on
Alot of towns have too much shopfront in my opinion. Even some cities can’t fill alot of their retail units. I noticed waterford and limerick for example although a few years ago. There should be a push to transform some into residential units in the current crisis in my opinion.
sweatyknacker on
As a small business owner looking for a commercial premises in Dublin I cant even begin to describe how frustrating this market is.
Everything is leveraged so heavily against the properties supposed valuation that the expected rents are insane. Costs are up across the board but landlords seem happier to sit on their empty properties then to let at a reasonable level.
Vegetable-Beach-7458 on
The middle class is slowly eroding. The extremes are becoming more common. I expect many more small businesses will shut. These entities rely on a strong middle class population with a disposable income.
But congrats to the small number of business selling services/products designed to meet the needs of the upper class or the poor.
In poor areas more main street retailers will shut and be replaced by pound shops and betting shops.
No_Donkey456 on
Convert them to residential units. Online shopping is obviously going to reduce the number of physical shops needed over time, this isn’t surprising.
7 commenti
They should have broken this out by sub section, very little industrial units / warehousing available.
Loads of retail units unoccupied because of the insane cost of running a retail business in Ireland.
And what does our government do about the retail businesses closing down? give planning permission for Amazon to block out roads and pass Irish jobs abroad to foreign fulfillment centres where labour is cheaper, going so far as to have a government department champion them on their launch day.
Something needs to be done to lower commercial rents, potentially a commercial vacancy tax. I’ve seen too many good, otherwise successful businesses, not being able to stay open once rents started to rise
**Dublin 2 had the highest vacancy rate of all Dublin districts at 18.7%, which is 4.2 percentage points higher than the national vacancy rate.**
Absolutely insane. The best postcode in the country. Just shows how paper thin the veneer that this economic success is.
Alot of towns have too much shopfront in my opinion. Even some cities can’t fill alot of their retail units. I noticed waterford and limerick for example although a few years ago. There should be a push to transform some into residential units in the current crisis in my opinion.
As a small business owner looking for a commercial premises in Dublin I cant even begin to describe how frustrating this market is.
Everything is leveraged so heavily against the properties supposed valuation that the expected rents are insane. Costs are up across the board but landlords seem happier to sit on their empty properties then to let at a reasonable level.
The middle class is slowly eroding. The extremes are becoming more common. I expect many more small businesses will shut. These entities rely on a strong middle class population with a disposable income.
But congrats to the small number of business selling services/products designed to meet the needs of the upper class or the poor.
In poor areas more main street retailers will shut and be replaced by pound shops and betting shops.
Convert them to residential units. Online shopping is obviously going to reduce the number of physical shops needed over time, this isn’t surprising.