Overview
- Christie & Co is marketing The Wheelhouse in Washington at £275,000, The Mitre in Bishop Auckland at £350,000, Head of Steam Newcastle via sale and leaseback at £450,000, and Head of Steam Hull freehold at £475,000.
- Finance director John Foots said the four sites were identified for disposal following a strategic overview of the estate.
- Camerons describes the Hull venue as an outlier in the portfolio and says a sale and leaseback in Newcastle would allow continued trading at one of its oldest Head of Steam sites.
- The Wheelhouse and The Mitre are among the last community pubs operating under franchise, prompting the company to explore sales.
- Christie & Co expects strong interest, citing past work with Camerons including 2025 site sales and the earlier £8.25m disposal of 26 pubs to FB Taverns in 2024.