Millennium House Innovation Park Campus One Aberdeen Aberdeenshire AB22 8GT

Millennium House
Innovation Park Campus One
Aberdeen
Aberdeenshire
AB22 8GT

  • Millennium House<br>Innovation Park Campus One<br>Aberdeen<br>Aberdeenshire<br>AB22 8GT

Long leasehold Office and Laboratory Investment

  • 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 Inc (sales of £6.997bn) until 2025
  • 39 on site car parking spaces
  • Low site coverage on site of c.1 acre
  • Lot
    32
  • Auction
    13/Dec/2021
  • Rent
    £155,369 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

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

Aberdeen 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. The recent completion of Grandholm Bridge , the third crossing of the River Don has improved further the accessibility of the Innovation Park together with the Aberdeen Western Peripheral Route (AWPR) from all areas of the city and direct links to the Scottish motorway system.
National and local business located at Aberdeen Innovation Park include Gyrodata, Axis Well Technology, Wipro UK, Scotia Instrumentation and IX Blue. The Park is well served with various restaurant, retail, nursery and leisure uses.

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

Aberdeen 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. The recent completion of Grandholm Bridge , the third crossing of the River Don has improved further the accessibility of the Innovation Park together with the Aberdeen Western Peripheral Route (AWPR) from all areas of the city and direct links to the Scottish motorway system.
National and local business located at Aberdeen Innovation Park include Gyrodata, Axis Well Technology, Wipro UK, Scotia Instrumentation and IX Blue. The Park is well served with various restaurant, retail, nursery and leisure uses.

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.

EPC

See the legal pack at www.acuitus.co.uk

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.

EPC

See the legal pack at www.acuitus.co.uk

Tenancy & Accommodation

Floor Accommodation Floor Areas
(Approx)
Tenant Term Rent p.a.x
Ground
Ground
Ground
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 INC
10 years from
23/09/2015 on a
full repairing and
insuring lease
£155,369
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 Inc reported sales of $6.997bn and a net income of $1.344bn. (Source: -www.rockwellautomation.com) Sensia provides hardware, software, systems and petrotechnical expertise to automate processes and workflows in all segments of the oil & gas industry. Headquartered in Houston and has operations in 50 countries with fully staffed offices to provide sales and support services. The initial Legal Entities are located in - United States, Canada, United Kingdom, The Netherlands, China, India, Kuwait, Oman, Mexico, Italy and United Arab Emirates (Source:- www.rockwellautomation.com).

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.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    23.11.21
    File Size
    28 MB
    Login to View
  • Site Plan
    Updated Date
    23.11.21
    File Size
    675 KB
    View PDF
  • Catalogue Page
    Updated Date
    25.11.21
    File Size
    646 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Seller's Solicitors
Blackadders LLP 6 Bon-Accord Square
Aberdeen
AB11 6XU
Annie McNamara 01224 588913Annie.McNamara@blackadders.co.uk  Melanie Ballantyne 01224 563066melanie.ballantyne@blackadders.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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