A landmark building in the heart of Hoddesdon is to be restored, following a decision by Broxbourne Borough Council to invest £100,000.
The council-owned, Grade II-listed Spinning Wheel, on High Street, was built in the Swiss Cottage style in the middle of the 19th Century and had recently been let out as office and rental accommodation.
When the last tenants moved out in August, the council found work was needed.
The cabinet agreed to use £100,000 which had been allocated for car park resurfacing, along with £25,000 from the previous tenants, and once refurbished it could be let for about £35,000 a year.
If nothing was done the authority would have to pay empty rates at a cost of £6,162.
In the longer term, it was highlighted that the property could be used for the possible relocation of the Lowewood Museum, but it could be late 2021 until they hear whether a bid to the Heritage Lottery Fund for that is successful or not.