His son Benjamin Molyneux (later known as Molineux), a wealthy ironfounder and banker, built a new three storeyed five bayed mansion on the then outskirts of the town in about 1720.
The Molineux family sold the property in about 1860 and the new owner created a public pleasure park on the grounds.
In 1889 the pleasure grounds were closed and the park was leased out to Wolverhampton Wanderers FC.
The hotel was closed down in 1979 and for many years the building stood empty and neglected.
In 2005, with the support of a grant from English Heritage,[1] major restoration began to convert the property into a facility to house the City of Wolverhampton Archives.