Derelict offices in Birmingham's business quarter are to undergo a £4 million refurbishment.

A 40-week scheme to transform an eight-storey office building in Temple Street, off New Street, will begin next month, creating 38,000 sq ft of grade A space.

Previously the office of an insurance firm, 10 Temple Street has stood empty for the last six years, save for Maplin, the electronics retailer which holds a long-term lease on the ground floor.

JLL and KWB have been appointed as joint agencies and Shaylor Group is expected to complete the refurbishment work by February.

Jonathan Carmalt, director at JLL, said work on New Street station would make it a more attractive proposition.

He said: "This won't be your standard new-build office building and is all the better for it.

"It's slightly offbeat location, one street removed from the Colmore business district, sets it apart from the traditional office offering, so occupiers will essentially benefit from a grade A office specification without having to pay prime rents.

"Temple Street is one of the busiest pedestrian routes in the city, linking New Street station with the CBD and as such is coming alive in this latest property cycle with independent shops and café bars, it will be a great location for employees."

The building is owned by the Freshwater Group and the offices have been vacant since AXA Insurance moved out in 2009.

The work will see the existing building refurbished with new front and rear elevations added.

However, there are no plans to put in a car park. Instead, the building will provide secure cycle spaces, changing facilities and showers.

Basement and enabling works are expected to start in mid-May and Maplin will remain trading throughout.

Mr Carmalt said that, as the bridge between retail and commercial districts, Temple Street was one of the city's busiest pedestrian commuter routes, linking New Street station and the Colmore business district.

In recent times, it has become a hub for independent retailers and bars, including The Botanist, which opened earlier this month, as well as the home of law firms Shakespeares and Irwin Mitchell.

John Bryce, of KWB, said: "With the city centre undergoing a renaissance due to the imminent completion of New Street station and the extension of the Metro, combined with the lack of high-quality commercial stock in the city, this is the perfect time for Freshwater Group to bring 10 Temple Street to the market.

"Recycling an outdated building is becoming an increasingly popular option for developers looking to take a sustainable route in updating their portfolios and updating stock to modern standards will ensure this development will attract the full complement of professional service clients, be it on a floor by floor basis or as a total building let."

CGI of 10 Temple Street
CGI of 10 Temple Street