Single storey office pavilion on established Innovation Park
Office and Laboratory accommodation with test rig facilities
Let to Sensia UK Limited Guaranteed by Rockwell Automation Limited until 2025
Rockwell Automation Limited have been in occupation since 2005
Low site coverage on site of c.1 acre
Includes 39 car parking spaces
Lot 15
Auction 5th May 2021
Rent £155,369 per Annum Exclusive
Status Withdrawn Prior
Price
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
3 miles north of Aberdeen city centre
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station
(mainline and Scotrail)
Air
Aberdeen Airport
Situation
Innovation Park at Bridge of Don is an established business location situated to the south side of Balgownie Road. Located 3 miles north of Aberdeen city centre, Balgownie Road connects Ellon Road and The Parkway (A90), two of the arterial routes north of the city. Neighbouring occupiers include Scotia Instrumental Limited and Wipro UK Limited.
Tenure
Long Leasehold. Held on a 125 year ground lease expiring 15th October 2099. The current ground rent is £30,144 per annum (nil uplift in October 2020). Further detail on the ground lease is available in the legal pack.
Location
Miles
3 miles north of Aberdeen city centre
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station
(mainline and Scotrail)
Air
Aberdeen Airport
Situation
Innovation Park at Bridge of Don is an established business location situated to the south side of Balgownie Road. Located 3 miles north of Aberdeen city centre, Balgownie Road connects Ellon Road and The Parkway (A90), two of the arterial routes north of the city. Neighbouring occupiers include Scotia Instrumental Limited and Wipro UK Limited.
Tenure
Long Leasehold. Held on a 125 year ground lease expiring 15th October 2099. The current ground rent is £30,144 per annum (nil uplift in October 2020). Further detail on the ground lease is available in the legal pack.
Description
Millennium House is a single storey office pavilion arranged over two wings with central entrance/reception area. The pavilion provides modern open plan office accommodation and benefits from 39 car parking spaces with the overall site extending to 0.94 acres.
VAT
VAT is applicable to this lot.
Viewings
Please contact Mhairi Archibald
EPC
E
Please see the legal pack at www.acuitus.co.uk for further information
Description
Millennium House is a single storey office pavilion arranged over two wings with central entrance/reception area. The pavilion provides modern open plan office accommodation and benefits from 39 car parking spaces with the overall site extending to 0.94 acres.
VAT
VAT is applicable to this lot.
Viewings
Please contact Mhairi Archibald
EPC
E
Please see the legal pack at www.acuitus.co.uk for further information
Tenancy & Accommodation
Accommodation
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Reception East Wing West Wing
53.23 sq m 332.96 sq m 515.89 sq m
(573 sq ft) (3,584 sq ft) (5,553 sq ft)
SENSIA UK Ltd (1) GUARANTEED BY ROCKWELL AUTOMATION LIMITED
10 years from 23/09/2015
£155,369
22/09/2025
Total
902.08 sq m
(9,710 sq ft)
£155,369
(1) Sensia Limited is a joint venture between Rockwell Automation and Schlumberger. The lease is guaranteed by Rockwell Automation Incorporated (NYSE: ROK). Rockwell Automation Limited (CRN 00872110) was incorporate in 1966 and for the year ending 30th September 2019 reported a Turnover of £60,873,000, Pre tax profits of £16,571,000. and Net Assets of £48,847,000. Rockwell Automation Limited Annual report and accounts).
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
