MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
  • Mortgages
  • Property Report
MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
    • Mortgage Learning Center
    • Calculators
    • Best Mortgage Table
  • Property Report
    • All Properties
    • Houses For Sale
    • Apartments For Sale
    • Available To View
    • Overseas Holiday Homes
      • Properties For Auction
      • Upcoming Auctions
      • BER Assessors
      • Property Conveyancing Solicitors
      • Pre-Purchase Surveyors
    • Find Agents
    • All Properties
    • Houses To Rent
    • Apartments To Rent
    • Available To View
    • Share
      • Irish Holiday Homes
      • Overseas Holiday Homes
  • New Homes
    • For Sale
    • To Rent
    • Auction
      • Residential Land
      • Commercial Land
      • Farm Land
      • Farms
      • Sites
    • MyHome Living
    • Buyer Advice Hub
    • Property Report
    • Property Price Register
    • Price Changes
  • Mortgages
    • Rental
    • Holiday Homes
    • Commercial
    • Sharing
Advertisement
  • Home
  • Uncategorized
  • Retail space let temporarily is "significant"
Uncategorized
Jun 20, 2012 - 15:58

Retail space let temporarily is "significant"

The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share
Retail space let temporarily is "significant"

A new study by Savills estate agency has found that while Dublin’s high streets have high occupancy levels, a “significant” amount of retail space is let under temporary arrangements.

There are 11 shops available on Grafton Street, equating to 1,700sq m (18,300sq ft) or 5 per cent of total retail space on the street. Five of these are trading on short-term leases.

In the Henry Street/Mary Street area, five shops are now available with a total retail area of 860sq m (9,257sq ft) or 1 per cent of the entire retail space. All these units are currently trading.

Joan Henry, director of research at Savills, said that rents in both city centre locations had fallen by between 50 and 60 per cent. At best rents were expected to stabilise close to the 2012 levels.

Although there had been a minimal amount of investment on the high streets in the past two years, yields on over-rented properties were now in the region of 7.5 per cent.

Advertisement

Source: The Irish Times.

 

Subscribe to our weekly MyHome Living eZine today

Processing your request...

You are subscribed now!

<

  • Tags
  • city centre
  • director of research
  • Dublin
  • estate agency
  • Grafton Street
  • Henry Street
  • high street
  • Joan Henry
  • leases
  • Mary Street
  • retail space
  • Savills
  • short-term
  • temporary arrangements
The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share

Helpful Links

Find your home on MyHome
Read more Articles
Calculate what you can afford to borrow
Welcome to the Retrofit Hub
Advertisement
Advertisement

Related News

What is a Heat Pump?
Uncategorized

What is a Heat Pump?

Feb 27, 2025
Living Cities Initiative
Uncategorized

Living Cities Initiative

Jan 14, 2025
Digital Services Act
Uncategorized

Digital Services Act

Mar 31, 2024
Avant Money and Finance Ireland announce new rates
Uncategorized

Avant Money and Finance Ireland announce new rates

Dec 09, 2021
Average deposit of first-time buyer was €52,000 in first half of the year
Uncategorized

Average deposit of first-time buyer was €52,000 in first half of the year

Dec 07, 2021
Frequent And Popular Searches
MyHome.ie Blog
Help
Jobs
About
Equality Guidelines
Brand Safety
Contact
Terms & Conditions
Cookie Policy
Privacy Policy
Digital Services Act
Sitemap
© Copyright MyHome.ie 2025
Advertisement