Retail vacancy rates drop slightly in Coleraine: report
It surveyed the retail market in a sample of 17 local towns and cities and determined that 16.9% of shops lie vacant in Coleraine, down 4.3% on 2012.
The report, published by leading commercial property agents Lisney, is the most comprehensive study of the commercial property market in Northern Ireland.
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Hide AdOverall rates in Northern Ireland have stabilised, with 19% of all shops lying vacant across the province.
Declan Flynn, Managing Director of Lisney Belfast, said: ““Belfast has shown the most pertinent improvement with vacancies now standing at 17.2%, a 5.9% decrease on 2012 vacancies. Other towns that have improved since 2012 include Enniskillen, Derry, Coleraine and Portadown. The most negative results were reported by Ballymena which has seen a 10% increase in vacancies, now standing at 27.2%. Bangor, Lisburn and Newry also experienced an increase in vacancy rates.”