Wavertree Town Hall, which was built in 1847 and most recently run as a pub, will become Murphy’s Town Hall Tavern following the purchase by Conor O’Donovan.
A reopening is planned for 17 June.
The refurbishment will create a 50-seat restaurant that will offer a selection of contemporary and classic dishes, and a 45-seat bar.
Additionally, two 130-capacity function suites will host private parties such as weddings, birthdays and christenings, as well as corporate events.
O’Donovan, who also runs Liverpool’s Sefton Park Hotel as well as O’Connor’s Bar & Grill, also in Sefton Park, said he was excited to bring something new to Wavertree High Street.
He said: “Being one of Liverpool’s most historic areas, rich in culture and diversity, the High Street is renowned for its urban-village appeal and beautiful buildings.
“With that in mind, we believe that the overall offering and Murphy’s will make a great new addition to the lively location.”
O’Donovan added: “Having witnessed an increased demand for more local venues that offer a holistic approach, we feel that we will help to fill and gap in the market, and that the Town Hall will become a destination of choice for people across the city.”
A Grade II listed building, the venue was originally built as the headquarters of the Wavertree Local Board of Health and was designed by local architect John Elliot Reeve.