New Report Available: Consumer Foodservice by Location in Ireland
Rent continues to be a significant issue within this category. The cost of renting and upward only leases has been crippling lodgers. Many landlords have large commercial loans with high interest rates, making the high rates justifiable. However, many renters have been unable to pay these rents due to a fall in demand. Many rents were renegotiated in 2012. However, for some it was too late and food outlets closed as a result.
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