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The Leycester Hospital.

Although called a hospital, the building has never been used in the treatment of the sick and injured.

The Chantry Chapel of St James was built in 1126 by Roger de Newburgh, 2nd Norman Earl of Warwick. In the late 14th century it was rebuilt by the 12th Earl of Warwick. He granted the benefice of the Chapel to the Guild of St George, a guild created on 20 April 1383 under licence from King Richard II. The Guild of St George was later joined there by the Guild of the Blessed Virgin, which had been based at the Collegiate Church of St Mary, forming the United Guilds of Warwick. Living quarters and reception, meeting, and dining halls were added to the chapel as a consequence. The Guildhall was built in 1450 by the 16th Earl of Warwick.

The United Guilds were dispersed by King Henry VIII in 1546. However, their property had already been transferred to the Burgesses of Warwick by Thomas Oken, Master of the Guilds. The 1st Earl of Leicester acquired the buildings in 1571, founding therein a hospital for aged or injured soldiers and their wives, under royal charter from Queen Elizabeth I, run by 12 resident "Brethren" (originally soldiers) under the charge of a "Master", and funded from the income of various estates. This lasted until 1950.

In 1956 the Corporation of the Master and Brethren of the Hospital was abolished by Act of Parliament, having operated under the original charter for nearly 400 years, and replaced with a board of Governors. On 3 November 1966 a restored Hospital with modernised quarters was opened by Queen Elizabeth The Queen Mother and today the Hospital is run by the Master, a retired officer of the Armed Forces. Eight ex-servicemen and their wives are provided with flats in return for their services. The Hospital is funded by visitor income, the original estates having been sold over the years.
(With thanks to Wikipedia)