Gordon Ramsay buys fourth pub
Top chef Gordon Ramsay has bought his fourth pub - the York and Albany in Camden.
The chef is thought to have paid around £4m for the site.
The new pub will need a refurbishment and is expected to re-open in May. Ramsay's latest acquisition follows three years after his first opening - the Narrow in London's Limehouse.
The pub, which he holds on a lease from the Waterside Pub Partnership, a joint venture between British Waterways and Scottish & Newcastle Pub Enterprises, has seen turnover quadruple to £1.5m a year.
Ramsay's business partner and father-in-law Chris Hutchenson has stated: "The Narrow, above, has been almost an embarrassing success. We couldn't believe that suddenly there were people 10 feet deep at the bar wanting to come to this tiny little pub by the Thames."
Rasmay's others pubs are the Devonshire in Chiswick, an Enterprise lease, and the Warrington Hotel in Maida Vale, which he acquired for around £5m.
The new pub in Camden is rumoured to have been lined up for Ramsay protege Angela Hartnett to run.
Previous owner actor Gary Love spent £2 million buying the York and Albany freehold from the Crown Estate in 2006 and a further £1.8 million renovating it.
