Schedule of Condition
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Costs are provided for guidance purposes, please contact us to discuss your specific requirements on 0161 835 9936.
Depending on the scale, age and location of the Property, we offer a very competitive pricing service relating to Schedules of Condition. This includes high resolution aerial photography, Measured surveys for referenced floor plans. Fully detailed narrative and categorisation of condition of every element of the Property. We understand commercial property liabilities and how to mitigate them. Additional equipment may be necessary including bore hole sampling, material testing, UAV inspections, Thermographic inspections to assess energy ratings.
Very effective protection for the Landlord and specifically the Tenant.
Leases will expect the Tenant to keep the Property in good repair and failure to abide with this obligation could result in then making significant dilapidation payments to the Landlord at the end of the Lease.It is possible to limit this liability by instruction MGRA to prepare a Schedule of Condition to be engrossed into the Lease.
What is a schedule of condition?
MGRA’s Schedule of Condition is a photographic and written evidence of the condition of the Premises at the commencement of the Lease It consists of full photographic record of the Premises, using high definition digital images and in some instances video footage. It also includes a record of the general layout of the Premises. It can also include CCTV footage of the drains, Fixtures and Fittings as well as gas safe and electrical certificates if available.
The Tenants repairing, reinstatement and redecoration obligation is limited to no better state of repair, condition and decoration than as evidenced by the schedule. The effect of a Schedule of Condition is that the tenant is not expected to put the property in any better state of repair and condition than it was at the outset of the lease.
Landlords may wish to annex a Schedule of Condition to record that the Premises are in a good condition so that at the end of the lease term, the tenant is obliged to return the property in the same state in which it was when they acquired.
Additional third party surveys and costs, might include:
- Hydraulic Access for roof inspections
- Electrical inspections
- Mechanical Inspections
- CCTV Drainage Surveys
- Structural Tests
- Asbestos Tests & Reports
- Environmental Surveys and Testing
