Fragrance Group Limited aim to buy the property in Feb 2017
Trivia Posted January 29th, 2017
Councillor Malcolm Kennedy, Cabinet member for regeneration, said: “Municipal Building has been a magnificent home for Liverpool City Council since the 1860s but we no longer have the staff numbers to justify retaining it.
“I’m delighted we have a buyer of international repute who is looking to use Liverpool to break into the UK and European hotel market.
“This will have a great impact in terms of generating jobs and bosting out international appeal.
“We will work with FGL to ensure that its future use protects the building’s unique architectural features, as we have done with the neighbouring Municipal Annexe and Royal Insurance Building which have also recently been brought back into use as four star hotels.
“The sale will bring in much needed money which we can reinvest in reducing the costs of our capital infrastructure programme, as well as delivering ongoing savings by lowering our overheads.”
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