The development, which is a joint venture between LGP and Walbrook Land, will see the existing period building undergo an extensive refurbishment to deliver 33,000 sq ft of premium office space over the five upper floors of the building.
The ground floor comprises three retail units which will continue to trade through the refurbishment of the five office floors above.
Work on the site is due to commence in July and the development is due to complete in the first quarter of 2013.
On completion of the works, the new floor plates will range from 5,400 sq ft to 7,000 sq ft and will benefit from a triple aspect. The office space will be serviced by a new enlarged and prominent reception, with a high quality contemporary fit out.
The architect for the project is EPR. DTZ and Edward Charles & Partners have been appointed as the joint letting agents for the office space.