The former Midland Bank headquarters in the City of London, designed by Sir Edwin Lutyens, will reopen as the new 252-bedroom flagship five-star Ned Hotel in spring 2017.

Ned Hotel will be operated by Soho House and will join their portfolio of 17 members’ clubs worldwide. Non-members will be able to book accommodation.

The Ned Hotel gets its name from the architect who designed the building - Ned was Sir Edwin's nickname.

The Grade 1-listed building will be redesigned in the style and decor of a 1930s transatlantic ocean liner. The Portland stone facades will be restored and the banking hall's marble columns and walnut panelling preserved.

The banking hall will be converted into the main food and beverage space. It will include seven bars and restaurants including an American cafe, a New-York-style deli, a Parisian cafe, a Grill Room and a branch of Cecconi's.

The former offices on the upper floors will be refigured as 252 bedrooms and suites.

Ned Hotel will also feature a members-only Ned’s Club featuring a rooftop bar with landscaped terraces, a health spa and gym.

The former safe deposit vault in the basement beneath the banking hall will become the main leisure area and will include a swimming pool, gym, boxing ring, sauna, steam room and a ‘Cowshed Spa’.

Ned Hotel will be located at 27 Poultry in the City of London, within walking distance of a range of tube and DLR stations.