In 1815 a mill for winding silk was built; this failed, and in 1820 it was opened as a lace factory. This also proved unsuccessful, and in 1837 it was opened as an India rubber factory, and was the means of providing work for hundreds of people.

Some years ago half of this factory and Silk Mill-terrace was sold at auction to the Licensed Victuallers’ Company. This half has lately been taken down and Pembroke-terrace, as it was afterwards called, converted into shops and Parr’s Bank.