This church was built between 1620 and 1622 making it the oldest church outside of the old kremlin and the Spaso-Preobrazhensky Monastery. It was built using the funds of the merchant Nadey Sveshnikov, hence its name to distinguish it from the other churches in the city dedicated to St Nicholas. In form the church comprises a four-pillar cube building which is surrounded on three sides by a two-storey closed gallery including a tent-dome bell tower on one corner. The interior of the church was painted with frescos between 1640 and 1641 and a baroque-style iconostasis was installed in 1751, complete with beautiful carved wooden angels. The church is now a museum, part of the Yaroslavl Museum-Reserve.