One of the Banksy’His most famous work is being sold at auction alongside the Bristol building on which it was created.
The wall was named. gave By the way hang lovers Shows a man hanging. Through the window a woman stands while her betrayed partner angrily searches for her.
Banksy is said to have been unaware that the Georgian building was operating as a sexual health clinic when the painting first surfaced in 2006.
gave The artist’s subversive murals and installations are known worldwide, although their identity has never been officially confirmed. Banksy’s highly prized and valuable work often appears on the sides of buildings and other urban spaces without warning.
Estate agent Hollis Morgan is now selling the Grade II listed five-storey building with its ornate interior. It is located in a desirable location on Park Street, being close to Bristol Cathedral and Bristol University. Although the basement currently serves as a nightclub, the agent has said it is likely to be converted into student flats.
The property will be sold in a live auction, which will be broadcast on February 12.
The painting is included in a description for the listing, “Also features an original Banksy mural (By the way hang loversAt the height of Park Street.
It reads: “It is recognized that street art is created not as a permanent work of art but as a form of protest that is usually, but not always, illegally and by the owner of the building. Created without permission.
“Thus, the life of any image as a work of art evolves and changes over time depending on how the work weathers or indeed is subsequently painted or removed. “
However, it continued, “Accordingly, the purchaser would be required to accept a restrictive covenant in the lease that would ensure that the image could not be removed from the building, however, the vendor would be required to retain the artwork or There shall be no positive obligation on the purchaser to insure it so long as it remains in sight and in place on the building.”
Although a price has not yet been set for the building, a previous property that houses an early Banksy artwork (Light light west painted in 1999) sold by the same company for £835,000, well above the £750,000 guide price set for it.