Workspace Group sells industrial estates to Capital Industrial One for £44.3m including Littleton House in Ashford

A commercial property developer has sold 10 industrial estates for £44.3m.

Workspace Group completed the deal for 281,500 sq ft of space with Capital Industrial One this week.

One of the sites is Littleton House in Ashford, with the other nine sites based in London.

Littleton House in Ashford. Picture: Google Streetview
Littleton House in Ashford. Picture: Google Streetview

Workspace chief executive Jamie Hopkins said: “I am delighted to announce the strategic disposal of this portfolio of industrial estates at a substantial premium to their book values.

“There was substantial depth of demand for the properties from a number of potential purchasers and we are pleased with the result and timing of this sale.”

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