No surprise but a shame. One of the oldest breweries in the country and another bit of history gone, esp with the Diageo closures as well.
It certainly would have taken a big investment to get the brewery up to scratch. I was however interested by the 'capacity' comment. There's plenty of room at Beamish and Crawford, there are some building that are nothing more than empty shells. No doubt the market value of the land had something to do with this as well.
I really hope that they can at least somehow keep the Counting House facade if the site is redeveloped for, I wonder, something radical like shops and flats maybe.