Recent history of the pub
In 2010 there was an imminent danger of the pub closing and becoming a Restaurant, however after some quick negotiation by a group of customers, we were given the option of buying the lease and operating the pub.
A company "48 West Limited" was formed to pursue this possibility and on Monday 8th Feb 2010 the company signed forms to become the tenant of The Hope on a 20 year 'free of all tie' lease from Punch Taverns. We then bought the fixtures and fittings, stock etc from the holding company that operated the pub.
We have made, and will continue to make, substantial investments in the building, the stock, the staff and generally the future. The pub has now gained many new friends as customers and has won the odd prize or two.
In 2015 we finally achieved our objective and purchased the freehold of The Hope. The pub is now owned entirely by the shareholders of 48 West Ltd. The company has a restriction of 24% on the level of shares an individual can hold and we currently have 45 shareholders ensuring that this pub for the community has a healthy future.
We have now commenced the contruction of new Gents, Ladies & disabled loos and replacing our main storage facility.