Waterford’s Ard Ri Sold
We are delighted to confirm the completion of the successful sale of The Ard Ri Hotel in Waterford city. The iconic building which dominates the skyline immediately north of the River Suir had been closed for a number of years and fallen into significant disrepair.
One of the best known hotels in the country, the Ard Rí in Waterford city, has been sold. pic.twitter.com/pRXSAppXSn
— RTÉ News (@rtenews) April 3, 2017
In its earlier days the hotel had operated as one of the most successful in the city offering a wedding venue, conference centre, holiday accommodation and a leisure centre. Situated on an elevated site of approximately 21 acres The Ard Ri Hotel offers magnificent views over the River Suir and the city of Waterford, together with generous parking and large gardens.
While the premises is in need of a complete refurbishment, the property offers enormous potential in many ways to the new owner Seamus Walsh who intends to invest heavily in this project, which in due course will emerge as a re-modelled hotel .
Seamus is no stranger to Waterford, having purchased Waterford Castle Hotel in 2015 and turned it into another outstanding achievement. We wish him good fortune with his new venture.
The new owner Seamus Walsh states “It is fortuitous that my purchase of The Ard Ri Hotel coincided with the recent good news regarding the Saudi company Fawaz Alhokair Group’s intended purchase of the development site on the North Quays . I see huge opportunity for development in this area and look forward to transforming my new hotel to its former days of glory in these more modern times.”
We wish Seamus the very best of luck in this new venture!
For further information please contact selling agent John Rohan 086 2511066 or firstname.lastname@example.org.