‘Above the Shop’ research survey
The findings of a key study by Hardware Association Ireland highlight the significant potential of revitalising vacant “above the shop” properties, with up to 40,000 housing units possible. To unlock this opportunity, a strategic focus on practical solutions is needed, balancing financial incentives with regulatory reform.
The survey reveals both the potential and challenges of converting vacant commercial properties into much-needed housing.
Key Recommendations
1. Expand the number, the role and the responsibilities of vacant homes
officers
2. Waiver on Capital Gains Tax on “above the shop” properties
3. Enhanced and Flexible Grant Structures
and
Tax Relief on Capital Expenditure
4. Introduce a Graduated Vacant Property Tax
5. Simplify Planning and Fire Certification
6. Flexible Compliance Standards
7. Energy Efficiency Incentives
8. Support for Trades and Construction
9. Access to Affordable Finance
Read more here: https://chambers.ie/wp-content/uploads/2025/03/Above-the-Shop-Research-Survey-Spring-2025-Final-002.pdf
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