Firefighters have told ITV News Central a large part of the Cash Converters building on Kings Heath High Street has collapsed following a fire this morning.
They received a 999 call at 5.02am to reports of smoke coming from the building. Police are investigating the cause but say they are treating the fire as suspicious.
The building on York Road is the former Ritz Ballroom that hosted the likes of The Beatles, Pink Flloyd and the Rolling Stones.
More top news
A British teenager arrested in connection with cyber-crime offences is suspected of hacking an email account used by the head of the CIA.
Today will be largely dry, although southern parts are likely to have patchy rain with the risk of snow on high ground.
Former footballer Marcus Bent receives a suspended sentence for confronting police officers with a meat cleaver.