The building was designed by Anthony Salvin in the neoclassical style, built in ashlar stone and was completed in 1852.

On the ground floor, there was an arcade of three round-headed openings flanked by short Tuscan order columns supporting architraves and keystones.

There were quoins at the corners and an entablature, a cornice and a balustraded parapet with finials at roof level.

[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.

It was variously branded as Jaspers, Club It and Wow ("Wasted or What")[6][7][8] but, after it fell vacant in 2017,[9] the fabric of the building started to deteriorate.