The Old School building has now been converted into affordable housing, which was opened by John Gummer MP in July 1994.
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Bartholomew Gosnold, the explorer and colonist who was considered to be instrumental in colonising Virginia and in naming Martha's Vineyard, was born in Grundisburgh.
The tools and machinery of the original company were sold at auction and the company re-opened as Holbay Classics under new ownership and management in the nearby village of Grundisburgh.