€2m investment close to entertainment strip

A BUILDING on John Street in Waterford that previously accommodated an Indian restaurant has sold for in excess of €1.3m just ahead of a public auction.

A further €700,000 is to be spent on transforming it into a modern bar.

The 4,000-sq. ft. two-storey property has excellent frontage on to John Street, is fully licensed and at the heart of the city's entertainment strip. John Rohan of John Rohan Auctioneers & Valuers, who handled the sale on behalf of local publican and nightclub owner Bob Tweedy, has confirmed that the buyer is Jim 'Flash' Gordon who owns Flash's on High Street.