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“Well Hung Lover” was painted on the side of a building on Bristol’s Frogmore Street in 2006, with the city’s residents later voting to keep the mural.
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In February, prospective buyers will have the opportunity to bid on a 250-year lease for the Georgian property, which has been given a guide price of £700,000 (about $890,000).
how is the market cap and valuation of supreme petrochem limited (500405) ✌️【Freelance Investing】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. The property also has a Grade II listing, which means it is of special architectural or historical interest and has to be preserved.
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“The purchaser will be required to accept a restrictive covenant in the lease ensuring that the image cannot be removed from the building,” explained the listing.
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“As such, the life of any image as a work of art will evolve and change over time depending on how the work weathers or indeed is subsequently painted over or removed.”
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Last year, a Banksy mural in Dover, southern England, valued at around £1 million ($1.2 million), waslost for goodafter the building it was painted on was knocked down. The mural, which depicted a worker chipping away at one of the 12 yellow stars on the blue European Union flag, appeared the year after Britain voted to leave the bloc in a controversial referendum.
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