BrewDog has confirmed the location of its first brewpub, as first revealed by MCA in September.

The Scottish brewer and pub operator will open its bar and microbrewery at the refurbished Minster Building at the corner of Great Tower Street and Mark Lane.

The group, which is set to spend £2m on the project, has acquired the 8,500 sq ft space at the neo-gothic landmark, EC3, leased from Ivanhoé Cambridge.

The brewpub will create small-batch, seasonal beers that will be exclusive to the new 400-person capacity venue.

It comes as BrewDog hit 25% of its initial £10m target in its latest Equity for Punks crowdfund – a week after it was launched. The group ultimately hopes to raise £50m over the next year.

Bar Acquisitions Manager Andrew Statham said: “Our mission and ethos is to make the world as passionate about great craft beer as we are, so we are delighted to be launching our first ever BrewPub in the UK, and our first venue in the City of London.”

Sally French at BNP Paribas Real Estate, which advised BrewDog on the acquisition, said: “I am delighted to have secured these premises for BrewDog. I’m certain their craft beers will bring an exciting new flavour to the City.”