Budget hotel owner and developer easyHotel has bought a freehold office and restaurant at 47 Castle Street, Liverpool.
Subject to planning, the group plans to convert the four upper floors of the building into a 68-bedroom easyHotel, which is expected to open in spring 2016.
The ground floor will remain a restaurant operated by a third party.
The purchase of the building and conversion project is expected to cost around £3m.
Chief executive Simon Champion said: “This acquisition in the centre of Liverpool is fully in line with our strategy to expand our owned hotel portfolio into targeted major UK cities.”
Hanover Green is acting for easyHotel.
