CBC
Case study · Office · Tenant-side

Central London office, EC2

Floor-by-floor Schedule of Condition supporting a tenant's lease renewal negotiation on a multi-storey EC2 office building.

Property type
Multi-storey commercial office
Location
City of London, EC2
Instruction
Schedule of Condition at lease renewal
Client
Sitting tenant, professional services occupier
Floors
Five floors plus roof terrace
Deliverable
Floor-by-floor lease-ready schedule

Overview

A professional services occupier with five floors in a City of London office building was approaching the end of their lease and intended to renew. They instructed CBC to prepare a fresh Schedule of Condition referenced in the renewal lease, not the original, which dated back to the 2000s and no longer reflected the documented condition.

The brief

The brief

The original Schedule of Condition had been prepared at first letting. In the intervening years the tenant had completed substantial fit-out works, the building had been re-clad externally, and several mechanical and electrical installations had been replaced. The renewal Schedule of Condition needed to reflect the building as it now stood.

The renewal had been agreed in principle but the precise wording of the repairing covenant was still being negotiated. A clean, defensible new schedule was essential.

Our role

What CBC did

An experienced specialist surveyor inspected each occupied floor, the common parts, the demised plant areas and the roof terrace. The schedule recorded condition floor-by-floor with separate sections for shared and demised plant. Cross-referenced photography supported every observation. We liaised directly with the tenant's solicitor on the exact wording of the lease reference.

  • 01Floor-by-floor inspection across five demised floors
  • 02Separate documentation of shared and demised M&E plant
  • 03External envelope record (post-recladding)
  • 04Roof terrace and high-level externals
  • 05Solicitor liaison on the renewal lease's repairing covenant wording
The value

Why it mattered

On a multi-storey City of London letting, dilapidations exposure at the next lease end can run well into seven figures. A renewal Schedule of Condition prepared properly, with cross-referenced photography and floor-level granularity, is the single document most likely to defuse that exposure if and when the next dilapidations claim arrives.

Specialist insight

Why renewal schedules are different

Renewal schedules are routinely overlooked. Tenants assume the original schedule still governs; landlords assume the tenant has accepted current condition by remaining in occupation. Neither is a safe assumption. A fresh schedule at renewal is the correct legal and evidential answer.

, CBC Surveyors

Related service

Schedule of Condition for City of London tenants

Specialist Schedule of Condition surveyors instructed across the City and West End. Same-working-day fixed quote; specialist surveyor sign-off.

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