CEG has negotiated a deal to purchase an office building adjacent to the historic Temple Works site in Leeds.

The 1953 Reality Building on Marshall Street is a 82,193 sq ft former storage and office block and currently lies vacant.

Previously owned by Kays catalogue company, the sale to CEG was brokered by Cushman & Wakefield and Fox Lloyd Jones.

CEG is working with Leeds City Council on plans to support the restoration and revitalisation of Temple Works, a Grade I listed historic Mill building that at one time may have housed the biggest room in the world.

They are using this revitalisation of Temple Works to support the wider regeneration of the “Temple” district, dubbed LS1.1 for striding the boundaries between LS1 and Holbeck (LS11)

David Hodgson, head of strategic development at CEG, said: “With a dearth of quality city centre office space in Leeds, it is our intention to swiftly appoint an architect to design a comprehensive refurbishment and provide a range of office floor space opportunities to the market in early 2021.

“Bringing the 1953 building back into productive use, combined with CEG’s speculative development on Globe Road, helps bring the wider masterplan for the Temple district to life. The 1953 Building is a strategic element of this major regeneration project for Leeds and we’re delighted to have secured it. We envisage being in a position to make further announcements imminently.”