 The lift was closed in February 2007 as the borough council could not afford the £445,000 it was estimated needed to be spent to meet new health and safety standards.In early 2011 it was announced that the still closed lift might be sold by the council, as it did not have the £630,000 that the repairs were then estimated to cost.After closure the two cars were moved to the top of the track and fixed in place, becoming part of the conversion of the top station into the St Nicholas Cafe.