Cheylesmore died in October 1891, aged 75, and was succeeded in the barony by his second son William.
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The latter year, in Queen Victoria's Golden Jubilee Honours, Eaton was raised to the peerage as Baron Cheylesmore, of Cheylesmore in the City of Coventry and County of Warwick.
The Quinton Works with frontages on Quinton Road and Mile Lane in Cheylesmore, Coventry, originally built in 1890 for S & B Gorton for cycle manufacture, was acquired in 1905 by the Swift Motor Company, who made a motorcycle and a motor tricycle in 1898, and a conventional car by 1901 in their Cheylesmore Works in Little Park Street, but needed more factory space.
From later documents it is evident that Ranulf de Blondeville, Earl of Chester, permitted them to erect their house on his manor of Cheylesmore, on the south-west side of the city.