The chapel was built for a Huguenot congregation who has previously worshipped in Newport Market. They took possession of the building in  1700 and  continued to use the chapel until 1743, when John Wesley took out a lease on the building. On Trinity Sunday of that year Wesley recorded in his JournalI began officiating at the chapel in West Street, near the Seven Dials, of which, by a strange chain of providences, we have a lease for seven years.
The chapel was constructed for a Huguenot congregation that had previously worshipped in Newport Market. They acquired the building in 1700 and continued to utilize it until 1743, when John Wesley secured a lease on the structure. On Trinity Sunday of that year, Wesley documented in his Journal that he started officiating at the chapel in West Street, near the Seven Dials, for which they had obtained a seven-year lease.