Historic Egyptian-style flax mill up for auction for £1
The gorgeous 1836 flax mill was once the largest room in the world Temple Works?one of the most iconic industrial buildings in the U.K.?is going up for auction on December 7, with a starting bid of just £1 ($1.35). The low price has shocked locals who?d hoped the site?s current owners would have worked with the city to find an appropriate buyer with a proper plan and the means to restore the decaying structure. Renovation and refurbishment of the enormous building is estimated at £20 million ($27 million).
Built in 1836, the former flax-spinning factory was designed in the style of the Egyptian Temple of Horus at Edfu, and boasts a facade decorated with hieroglyphics and large columns capped by lotus capitals. But the Grade I-listed Temple Works has more than beauty to its name. Its two-acre factory floor was once the largest room in the world, and was home to the world?s first hydraulic elevator, which was used to bring sheep up to its roof to graze. A partial collapse of the structure in 2008 left the building in a bad state, though it was used as cultural center for several years after. In 2015, Burberry unveiled plans to develop the building into a factory and showroom but that plan fell through after Brexit. Now the site is being sold to the highest bidder.
?There is now a real risk that a naive investor will purchase the building without the resources to spend on refurbishment?possibly upwards of £20m, leading to more years of neglect, planning and legal wran...
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