GALWAY: Owners can be selective as demand outstrips supply in Galway

Demand is far outstripping supply in Galway City’s main shopping thoroughfare, Shop St, with just one retail property currently available for lease.

According to Alan Maxwell of DNG Maxwell Heaslip and Leonard auctioneers in the city, property owners can now afford to be selective in who they choose to lease their premises to as city centre units continue to be in demand.

The only premises currently available for lease is the old O2 shop at No 1 Shop St, and according to Mr Maxwell that has only recently come on the market due to the amalgamation with Three.