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Commercial Property

Former Martins Bank HQ in Liverpool acquired by hybrid workspace provider Kinrise

It was previously expected to be turned into the city's first five-star hotel

Kinrise's Martins Bank building in Liverpool

The historic former Martins Bank HQ in Liverpool city centre has been acquired by a hybrid workspace provider.

Kinrise said the 210,000sq ft building on Water Street will now undergo a "significant yet sensitive" refurbishment project - retaining its original features while "showcasing its character".

It's Kinrise's first property in the city - and the firm said it now wants to showcase the building's character while accommodating state-of-the-art technological upgrades to create modern, flexible workspaces for both large and small companies.

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The stunning Liverpool landmark, next door to the town hall, was previously expected to be the city's first five-star hotel - however those plans never came to fruition.

Much of the building has been empty for years, with the grand banking hall and vaults unused since Barclays finally left in 2007.

The refurbishment project will soon begin throughout the landmark building.