Specialist business property adviser Christie & Co has been instructed to market four pubs on behalf of Camerons Brewery.
The Wheelhouse, in Washington
The sites are:
- The Wheelhouse, in Washington, which has a freehold asking price of £275,000;
- The Mitre, in Bishop Auckland, £350,000 freehold;
- The Head of Steam, in Hull, £475,000 freehold; and
- The Head of Steam, in central Newcastle, which is available for sale and leaseback with an asking price of £450,000.
“We have undertaken a strategic overview of the estate and identified these four sites for disposal,” said John Foots, finance director at Camerons.
“As is well-publicised, we sold our leased and tenanted estate in 2024. The Mitre and The Wheelhouse are amongst the last of our community pubs operating under franchise, and it makes sense for us to explore a sale.
“The Head of Steam in Hull is a great site, but is now somewhat of an outlier when you look across the wider Head of Steam brand, which we are very keen on expanding after our recent success in Manchester.
Left to right, Head of Steam venues in Hull and Newcastle, and The Mitre, in Bishop Auckland
“The Head of Steam on Neville Street is one of our oldest sites operating under that brand, and it has helped shape the rest of the estate in many ways, so we are keen to stay in there. We’re massively confident we can continue to trade well and so a sale and leaseback works brilliantly for us.”
David Cash, regional director, pubs and restaurant, at Christie & Co, added: “We have worked with Camerons on a number of sites over the years, and in 2025 brokered sales of Sanctuary in Scarborough and The Rattler in South Shields on their behalf. We expect these new opportunities to be well-received in the market and encourage interested parties to get in touch.”
