Commercial Vacancy Rate in Wicklow Increases To 12.9%

The commercial vacancy rate in Wicklow was 12.9% in June 2024 according to the latest GeoDirectory Commercial Vacancy Rates Report.

This figure represents an increase from the same period in 2023. The twice-yearly analysis, prepared by EY, found that the commercial vacancy in Wicklow was lower than the national average of 14.4%.

The highest commercial vacancy rates continue to be found in the west of the country with Sligo, at 20.5%, recording the highest proportion of vacant commercial units in Q2 2024.

Donegal (19.4%), Galway (18.5%), Limerick (17.5%) and Leitrim (17.5%) rounded off the top five counties with the highest commercial vacancy rates.

Meath, at 9.8%, was the county with the lowest commercial vacancy rate in the country and the only county in the State with a vacancy rate below 10%. Wexford (10.6%), Cork (12.4%), Kerry (12.5%) and Cavan (12.5%) were the counties to record the next lowest commercial vacancy rates.

Of the main towns and urban areas in Wicklow surveyed by GeoDirectory, Arklow had the highest commercial vacancy rate at 16.1%, while Greystones had the lowest at 5.6%.