The owners of the hotel, which first opened in 1873 on the banks of the Blackwater, made the announcement on their Facebook page yesterday (10 November).
The hotel features 12 rooms, three meeting rooms catering for up to 116 guests and a restaurant which was run by head chef Ruwane Dias
The statement said: “It is with heavy hearts and much reluctance that we say goodbye to The Grand Hotel. Over the past 12 years we have had tremendous support from our amazing and loyal staff, our suppliers and our fabulous customers.”
“Thank you for the good times and even during the tough times we have learned so much. We take great memories of Fermoy with us, It’s not how we hoped things would turn out and, despite our best efforts, we will cease trading on Sunday 10th November.”