Leitrim has one of the highest rate of vacancies in commercial spaces around the country.
A recent survey by GeoDirectory pinpoints that 11% of commerical stock is vacant in Ireland, but the figure is much higher here in Leitrim, this county along with Sligo have a rate of 14% vacancy.
Counties such as Dublin, Galway, Mayo, Roscommon, Galway and Carlow are on 12% vacancy, while Longford is on 11% and Cavan has just 9%.
Retail, a sector which has taken a particular hammering in the recession dominates the empty space stakes.
Some consultants blames much of the surplus on the apartment building splurge which saw developers add ground floor retail to almost every single development, whether it was required or not.
And the forecast is that an economic recovery will not see empty shops taken up.
Around Leitrim, Main Streets have become hollow, with many once prominent buildings now boarded up. Some of the main sites on the regional town’s main streets were owned by banks, but these have been moving away and centralising in bigger centres by using online and smartphone apps to service their customers.
The other reason given for the decline in business in provincial towns is the upgrading of motorways to bring shoppers locally to Dublin, Galway or even Belfast in less than two hours.
Buildings which are left unoccupied for a long period of time can deteriorate and with no tenants, no heating and no life the only option then will be demolition.
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