CBC
Case study · Office · Landlord-side

Liverpool waterfront office suite

Schedule of Condition for a managing agent on a Liverpool Waters office reletting, defensible baseline at lease grant on a landlord-side instruction.

Property type
Self-contained office suite
Location
Liverpool Waters
Instruction
Schedule of Condition at reletting
Client
Managing agent, landlord-side
Lease term
5-year FRI, tenant-only break at year three
Deliverable
Lease-ready written and photographic schedule

Overview

A Liverpool managing agent instructed CBC to prepare a Schedule of Condition on behalf of the landlord at the reletting of a self-contained office suite at Liverpool Waters. The previous tenant had recently vacated; the new tenant had requested a Schedule of Condition referenced in the lease.

The brief

The brief

The agent's preference was a jointly acknowledged Schedule of Condition, agreed between landlord-side and tenant-side surveyors at lease grant, to remove the prospect of competing baselines at lease end. CBC was instructed to prepare the landlord-side draft for review by the tenant's surveyor.

Our role

What CBC did

An experienced specialist surveyor inspected the suite, including reception, open-plan office, meeting rooms, kitchen and welfare, and the demised M&E. We recorded the condition element-by-element with cross-referenced dated photography, and issued the schedule to the agent for onward review by the tenant's surveyor. After one round of comments the schedule was finalised in time for lease completion.

  • 01Reception, open-plan office, meeting rooms
  • 02Welfare, kitchen and accessible facilities
  • 03Demised M&E (visual record)
  • 04External walkways and demised parking, where applicable
  • 05Liaison with the tenant's surveyor on review comments
The value

Why it mattered

For the landlord, a jointly acknowledged Schedule of Condition produces a defensible baseline that strengthens the position at every subsequent lease event, from interim dilapidations through to terminal claim. For the agent, it removes the risk of competing surveyor accounts of the demise at lease end.

Specialist insight

Why landlords are increasingly instructing schedules directly

The traditional view was that a Schedule of Condition was a tenant document. Sophisticated landlord and managing agent clients now routinely instruct schedules directly, because a defensible baseline at lease grant is one of the strongest evidential foundations the landlord can have for the eventual dilapidations recovery.

, CBC Surveyors

Related service

Schedule of Condition for landlords and managing agents

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