Commercial Property Manager

Deverell Smith Recruitment Ltd; Greater London; Hybrid; GBP 55,000 - 65,000; Full time

Benefits offered by this job

Hybrid working

Travel expenses covered

Job summary

Deverell Smith Recruitment Ltd is partnering with a leading property consultancy to recruit a Commercial Property Manager in London. You will oversee a portfolio of 36 commercial retail units for institutional investors and a charity client, handling day-to-day operations, financial performance, and landlord/tenant matters.

The role offers hybrid working (2 days in the office, 3 from home), exposure to activity across leases, service charges, and asset management strategy, and the opportunity to

Qualifications

• Experience in commercial property management, ideally retail or mixed-use assets.
• Strong understanding of leases and landlord/tenant legislation.
• Experience managing lease events, including rent reviews, renewals and re-gears.
• Good knowledge of service charge management and the RICS Service Charge Code.

Responsibilities

• Take ownership of day-to-day management of a portfolio of commercial retail properties.
• Build and maintain relationships with landlords, tenants, occupiers and stakeholders.
• Manage leases, assignments, alterations, change of use applications and lease breaches.
• Oversee rent reviews, renewals, re-gears and expiries.
• Manage rent arrears and implement recovery strategies.
• Prepare and oversee service charge budgets and year-end reconciliations.
• Ensure service charge management complies with the RICS Code.
• Monitor expenditures, budgets and financial performance with regular reporting.
• Oversee maintenance, contractors and external consultants.
• Manage dilapidations processes, including negotiations and settlements.
• Conduct regular property inspections for maintenance and compliance.
• Ensure health and safety and insurance requirements are met.
• Collaborate with solicitors, insurers and advisers.
• Identify opportunities to improve asset performance.

Skills

Strong communication

Organisation

Negotiation

Relationship management

Client facing

Education

MRICS qualification (in progress)

Job description

Commercial Property Manager

Location: London
Salary: £55,000-£65,000 depending on experience
Working Pattern: Hybrid - typically 2 days in the office and 3 days from home

I'm currently working with a property consultancy looking to appoint a Commercial Property Manager to join its growing property management team.

The successful candidate will take responsibility for a portfolio of 36 commercial retail units, acting on behalf of predominantly institutional investors, alongside a charity client.

This is a varied, client-facing position covering the full spectrum of commercial property management, with responsibility for the day-to-day operation of the portfolio, financial performance, landlord and tenant matters and supporting the wider asset management strategy.

Key Responsibilities

• Take ownership of the day-to-day management of a portfolio of commercial retail properties.

• Build and maintain strong relationships with landlords, tenants, occupiers and key stakeholders.

• Manage commercial leases, including assignments, alterations, change of use applications and lease breaches.

• Oversee lease events, including rent reviews, lease renewals, re-gears and expiries.

• Manage commercial rent arrears and implement appropriate recovery strategies.

• Prepare and oversee service charge budgets, expenditure and year-end reconciliations.

• Ensure service charge management is compliant with the RICS Service Charge Code.

• Monitor property expenditure, budgets and financial performance, providing regular reporting to clients.

• Oversee planned and reactive maintenance, contractors and external consultants.

• Manage dilapidations processes, including schedules, negotiations and settlements.

• Conduct regular property inspections, identifying maintenance, compliance and asset improvement requirements.

• Ensure properties meet relevant statutory, health and safety and insurance requirements.

• Work closely with solicitors, insurers, brokers and other professional advisers where required.

• Identify opportunities to improve asset performance and contribute to the continued growth of the property management offering.

About You

• Experience working within commercial property management, ideally managing retail or mixed-use assets.

• MRICS qualified, although candidates actively working towards their qualification through the Commercial Property pathway will also be considered.

• Strong understanding of commercial leases and landlord and tenant legislation.

• Experience managing lease events, including rent reviews, renewals and re-gears.

• Good knowledge of service charge management and the RICS Service Charge Code.

• Confident managing commercial arrears, financial reporting and budgets.

• Experience managing client relationships, ideally with institutional investors.

• Strong communication, organisation and negotiation skills.

• Commercially minded, proactive and comfortable taking ownership of a portfolio.

What's on Offer?

• Salary of £55,000-£65,000 depending on experience.

• Hybrid working, typically 2 days in the office and 3 days from home.

• Travel between sites covered through expenses.

• The opportunity to manage an established commercial portfolio.

• Exposure to institutional investors and a varied client base.

• The opportunity to contribute to the growth of an expanding property management service line.