As its name suggests, the Watermill Theatre in Newbury, Berkshire is housed in a converted watermill. Now that its theatrical
owners, the husband and wife team of Jill Fraser and James Sargant, are looking to retire, the
theatre is up for sale, at around £1.7M.
The brick mill, on the River Lambourn, dates from about 1820, and was converted to a theatre which seats 220 well over 20 years ago,
though some remnants of the milling heritage including the mill race and wheel were retained. As a theatre, the Watermill has
become very influential, with many shows transferring to the West End, and on to Broadway as well.
Another
report here.