UK pub operator and brewer Greene King has expanded its portfolio with the acquisition of The Dirty Bottles, a pub in Alnwick, Northumberland.
The Dirty Bottles, which was acquired for a seven-figure sum, was constructed in the 1660s and is steeped in history and local culture.
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Since 2014, it has been under the ownership of local entrepreneur Mark Jones who has carried out extensive renovations and re-developments.
His efforts prevented the pub from being converted into residential flats and expanded its operations by acquiring and incorporating neighbouring properties at 34 Narrowgate (formerly Oscars) and developing adjoining properties, as reported by Catering Today
Mark Jones said: “I am really proud to have transformed what was a derelict unloved row of buildings into a restaurant and bustling hospitality venue taking turnover from zero to circa £3,000,000 ($3.67m).”
“As well as giving locals and tourists somewhere real quality to drink, eat and stay, we have created and sustained 40 jobs for local people.
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By GlobalData“I have thoroughly enjoyed owning and operating The Dirty Bottles, but my real passion is developing and refurbishing buildings. I have a number of other projects in the pipeline across the country as well as my co-owned camping and glamping business.”
UK-based specialist property adviser Christie and Co’s regional director David Cash was the broker for the deal.
Greene King estate director Richard Smith said: “The Dirty Bottles has a rich and fascinating history in Alnwick and under Mark’s ownership has significantly evolved over the past decade to combine history and heritage with a modern contemporary feel.
“We want to retain and build on everything about the pub that makes it such a success while also helping to invest in its future.”
Greene King will manage The Dirty Bottles under its Greene King pubs brand and plans to pursue further quality acquisitions, reported The Morning Advertiser.
In June 2024 Greene King announced its commitment to 100% renewable electricity by joining the RE100 global initiative.
The company operates more than 2,600 managed, tenanted, leased and franchised pubs, restaurants and hotels across the UK.
