The group said the move was in part an effort to “preserve as many of existing jobs as possible” despite the current economic situation.
The grade II*-listed venue was previously owned and operated by Signature Living, having opened in 2014. The 63-room site features a rooftop terrace bar, restaurant, events space and spa facilities.
Legacy Hotels has confirmed that Signature Living will have “no further links” to the management of the hotel.
The group was appointed to take over the site by its receivers, Julian Clarke and Matthew Nagle.
Clarke said: “We quickly identified that there were some urgent works needed to have the building cleaned up and in good shape for reopening, so we commissioned the builders who are already working on this.
“We also carefully considered our options to reopen the hotel, and we are now delighted to be working with Legacy to bring this about.”
Jim Gordon, managing director of Legacy Hotels and Resorts, said: “This is a new beginning for this historic and beautiful building. The hotel is a key asset for Liverpool’s visitor economy, and it is important that we reopen it as soon as possible as the city begins to open up again after the coronavirus pandemic.
“To that end there will be a significant amount of money invested on much-needed repairs and upgrades as well as ensuring that it is thoroughly cleaned to provide assurance to staff and guests as we commence trading, post the Covid lockdown.”
He added: “Recent months have proved an extremely difficult time for the hospitality and leisure sector. We are keenly aware that it has been tough for the team at 30 James Street, with profound uncertainty because of the current national health situation. We will do all we can to retain as many existing jobs at the site as possible.
“The health and safety of our teams and returning guests also continues to be a key priority at this time and we have made all necessary preparations to ensure that everyone is looked after as we work towards a late July reopening.”