I don’t have a picture of this, but it was located opposite the Weighbridge pub.
In medieval times iron ore brought from South Wales by boat and pack-horse was smelted here, as the surrounding woods provided a good source of fuel.
From Wikipedia:
In the history of Europe, the Middle Ages or medieval period (also spelt mediaeval or mediæval) lasted approximately from 500 AD to 1500, although some prefer other start and end dates.
Check out the Stroudie Central The History of Nailsworth in Gloucestershire to find out about early Nailsworth.
Updated 8th August 03 as some information has been sent in by a B. Godwin:
The Mill was indeed located opposite the Weighbridge, and has been recently converted to a private house. It can be located at the top of the drive going down to the new development opposite the Weighbridge, on the right hand side next to the wall overlooking the pond. I am not sure, but I think some of the old workings may still be seen the other side of the wall.
Further update 15th April 2024
There’s now a large sign with Iron Mills printed on it literally just past the Weighbridge on the bend if heading towards Avening.