Popular Tyne riverside public house & Microbrewery for sale through Christie & Co
Specialist business property adviser, Christie & Co has been instructed to sell The Keelman & Big Lamp Brewery in Newburn, Tyne and Wear.
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Located within the Tyne Riverside Country Park and on the banks of the River Tyne at Newburn, the brewery is approximately six miles from Newcastle city centre. Established in 1982, The Big Lamp is the oldest microbrewery in the North East and now supplies a range of traditionally brewed fine ales to public houses throughout the UK, alongside The Keelman.
Named after the River Tyne boatmen of prior years, The Keelman boasts a warm and welcoming atmosphere and comprises a traditional pub and restaurant with seating for circa 100 diners. Benefiting from a mezzanine level often used for private functions and events, the bar and restaurant is also complemented by a large contemporary conservatory, which overlooks the external patio and trees towards the river.
Boasting a total of 14 en suite letting bedrooms in two purpose built buildings set in the grounds, The Keelman’s Lodge comprises six en suite family rooms and Salmon Cottage consists of eight en suite letting rooms, each with king size beds and Juliet balconies.
David Cash, Regional Director at Christie & Co’s Newcastle office is handling the sale and comments; “The freehold interest of The Keelman & Big Lamp Brewery is owned by the pension fund of two semi-retired, local businessmen, who ultimately wish to fully retire and realise the worth of their asset, which they built up from an unused water pumping station some 30 years ago. With multiple income streams by way of wet, dry and accommodation sales, The Keelman has it all and presents an attractive prospect for an experienced operator.
“Sat on a 1.7 acre site, there is also significant scope for further development/expansion.”
The Keelman & Big Lamp Brewery along with Keelmans Lodge & Salmon Cottage is available on a freehold basis at an asking price of £995,000. The owners may consider leasing the entire site to an experienced and ambitious operator on terms to be negotiated.