A former Leicester grammar school could become a Richard III visitor centre.
Leicester City Council bought St Martin's Place for £850,000.
It is located near the site of the archaeological dig where human remains thought to be of the King were found.
Relatives of Richard III, whose body was unearthed in Leicester, have won the right to challenge plans to rebury his remains in the city.
A facial reconstruction of King Richard III is on display today in Leicester's Guildhall on the first stop of a nationwide tour.
Members of the Richard III Society and other dignitaries held a rose-laying ceremony today at Bosworth Battlefield Heritage Centre.