Glover Pavilion Aberdeen Innovation Park Aberdeen Aberdeenshire AB22 8GW

Glover Pavilion
Aberdeen Innovation Park
Aberdeen
Aberdeenshire
AB22 8GW

Long Leasehold Office Investment & Vacant Office

Modern Pavilion office building on an established office, research and development park
Multi let office with a vacant suite offering asset management opportunities
Onsite car parking for 34 cars
Well let to IX Blue Limited and Trihedral UK Limited
Comprises 777.30 sq m (8,367 sq ft)
Within 2 miles of the Aberdeen Western Park Route (AWPR) allowing direct access to the airport & south of the City

Lot
22
Auction
13th December 2021
Rent
£100,350 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Long Leasehold Office Investment & Vacant Office

Modern Pavilion office building on an established office, research and development park
Multi let office with a vacant suite offering asset management opportunities
Onsite car parking for 34 cars
Well let to IX Blue Limited and Trihedral UK Limited
Comprises 777.30 sq m (8,367 sq ft)
Within 2 miles of the Aberdeen Western Park Route (AWPR) allowing direct access to the airport & south of the City

Lot 22
Auction 13th December 2021
Rent £100,350 per Annum Exclusive
Status Withdrawn Post
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: AWPR, A90, A96
Rail: Aberdeen Railway Station (Mainline and ScotRail)
Air: 3.5 miles to the south east of 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 Wipro UK, Gyrodata, Axis Well Technology, Scotia Instrumentation and Sensia UK. The Park is well served with various restaurant, retail, nursery and leisure uses.

Tenure

Long Leasehold. Held on a ground lease expiring 14th May 2187 at a current rent of £21,184 pa (exc. of VAT), reviewed on a five yearly basis. Further information can be found in the legal pack at www.acuitus.co.uk

Location

Miles: 3 miles north of Aberdeen city centre; 67 miles north-east of Dundee
Roads: AWPR, A90, A96
Rail: Aberdeen Railway Station (Mainline and ScotRail)
Air: 3.5 miles to the south east of Aberdeen Airport

Situation

Tenure

Description

A modern office pavilion over ground and first floors, offering flexible space in four office suites.

VAT

VAT is applicable to this lot.

EPC

See Legal Pack at www.acuitus.co.uk

Description

A modern office pavilion over ground and first floors, offering flexible space in four office suites.

VAT

VAT is applicable to this lot.

EPC

See Legal Pack at www.acuitus.co.uk

Tenancy & Accommodation

Accommodation	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x
Suite 1 Suite 3	Office Office	246.10 sq m 170.01 sq m	(2,649 sq ft) (1,830 sq ft)	IX BLUE LIMITED (1)	5 years from 21/02/2018 to 20/02/2023	£62,850
Suite 2	Office	193.52 sq m	(2,083 sq ft)	TRIHEDRAL (UK) LIMITED (2)	15 years from 01/09/2011 to 31/08/2026	£37,500
Suite 4	Office	167.67 sq m	(1,805 sq ft)	VACANT
Total		777.30 sq m	(8,367 sq ft)			£100,350

(1) IXBlue with over 30 years experience, 650 + employees and 19 offices worldwide is a global high-tech company specializing in the design and manufacturing of advanced autonomous, marine and photonics technologies. (Source:- www.ixblue.com).
For the year ending 31/12/2020 IXBlue Limited had a net worth of £82,176 (Source:- NorthRow 22/11/21)
(2) Trihedral was founded on the spirit of innovation. What began as an idea for one of the worlds first reactive programming languages developed into VTScada, an award-winning all-in-one HMI and SCADA software platform for industrial applications of any size. Trihedral UK was incorporated in 1998 in Aberdeen, Scotland. (Source: www.vtscada.com/about-trihedral/).
For the year to 31/10/2020, Trihedral (UK) Limited reported a net worth of £397,240 (Source:- NorthRow 22/11/21)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.