The owner of The Head of Steam pub chain has sold a number of North pubs to a growing London hospitality vehicle.
Camerons Brewery has disposed of 27 tenanted pubs for an undisclosed sum, selling the sites to FB Taverns as part of a strategic move to support growth across its brewery and managed pub division. The deal comes eight months after a large number of its franchised, leased and tenanted pubs in its portfolio were put up for sale.
Pubs in the deal are believed to include the Top House in Stanley, the Mill House in Hartlepool, the Lambton Arms in South Shields and the King’s Head in Bishops Auckland.
