Management have released a statement to explain the decision.
A midlands nursing home is due to close after 25 years in business.
Tearmainn Bhride Nursing Home in Brideswell Athlone will be closing its doors in the next few weeks, as it's 'no longer viable' going into the future, according to the Curley family.
The facility had received planning permission for an extension of 60 new beds, but failure to secure a financial partner mainly due to the 'low fair deal rate and current economic climate,' saw plans fall through.
Staff at the home are working with families to ensure their residents find a new home.
The Curley family are thanking their staff, residents and the local community for the memories created over the past 25 years.
Ticket Prices Set To Rise For National Ploughing Championships
Taoiseach Warns Of Threats To Energy And Communication Cables
Irish Farmers To Join EU-Wide Protest In Brussels
Four Men Released Without Charge After Midlands Prison Assault Arrests
Community Mourns Mary Holt As Colleagues Lead Funeral Procession In Edenderry
Calls Grow For 24 Hour Garda Station In Edenderry After Arson Attack
Appeal Date Set For Jozef Puska Over Murder Of Ashling Murphy
Offaly Town Demands Meeting With Garda Commissioner And Justice Minister
Ireland’s First Kidney Pancreas Transplant Recipient Dies Aged 68
Quality Of Life To Drive Offaly’s Appeal For Foreign Investment - Anna Marie Delaney
Hundreds Of Mourners Gather For Tadgh Farrell's Funeral
Dancing With The Stars ‘A Once In A Lifetime Opportunity’ - Rose Of Tralee
Uisce Éireann To Submit €6b Water Project Plan
Pedestrian Killed In Midlands Crash
Maura Higgins Set For Traitors US
Man Taken To Hospital Following Alleged Westmeath Assault
Osteoarthritis Programme Launched At Midlands Hospital
Laois County Fire And Rescue Service Welcomes Two New Fire Appliances
Offaly TD Welcomes New IDA Ireland Investment