Two men have been arrested following an armed robbery at a shop in Waterford last night.

One man entered the shop armed with a handgun, threatened staff and demanded cash at about 11.55pm.

The alarm was raised and the man fled in a dark-coloured car in the direction of the Cork Road.

No money was stolen and no one was injured during the incident.

In a follow-up search, two men in their 30s were arrested and a firearm was recovered.

Both men are being held at Waterford Garda Station.