[2] The building was designed by Edmund Francis Law in the Italianate style, built in red brick with stone facings at a cost of £2,950 and was completed in 1853.

The central bay featured a square headed doorway flanked by brackets supporting a balcony with wrought iron railings.

At the corners, there were quoins and, at roof level, there was an entablature inscribed with the words "Corn Exchange", a modillioned cornice and a parapet.

[4] The use of the building as a corn exchange declined significantly in the wake of the Great Depression of British Agriculture in the late 19th century.

By the early 21st century, it was home to a fitness centre, a betting office and a gift shop, but in 2014, it was converted for use as a restaurant, named the "Kino Lounge" to recall the former use of the building as a cinema.