Estates Manager

BOOTS; Greater London; On-site; GBP 55,000 - 70,000; Full time

Benefits offered by this job

Boots Retirement Savings Plan

Discretionary annual bonus

Generous employee discounts

Enhanced maternity/paternity/adoption

Flexible benefits scheme

Access to free counselling and support

Job summary

Boots in Nottingham is seeking an Estates Manager to act as a trusted property advisor, overseeing a large, mature portfolio and balancing retail, pharmacy and beauty store configurations to deliver value year on year.

Based in our Nottingham support office, you will negotiate landlord terms, lead external advisers, manage lease compliance, and appraise property transactions and support business projects with commercial insight.

Qualifications

• Degree in Real Estate Management and MRICS with 5 years PQE.
• Collaborative team player delivering business objectives.
• Commercially aware with financial knowledge for property solutions.
• Self-motivated with results-focused approach to budget.

Responsibilities

• Acquisition of new stores and negotiating terms with Landlords.
• Lead external advisors to deliver on time and under budget.
• Manage portfolio of stores ensuring lease compliance.
• Advise on property management, lease obligations and dilapidations.
• Prepare approval papers and financially appraise property transactions.
• Assist teams on business projects to deliver results.

Skills

Real estate

Team collaboration

Commercial acumen

Financial analysis

Education

Real Estate Management degree

MRICS / RICS membership

Job description

Estates Manager

Contract: Permanent, Full Time

Location: Nottingham, Support Office

What you'll be doing

Based in our Nottingham support office, the Estates Team operates as a trusted property advisor to the business, often being the lynchpin between other key departments. We advise across a large, mature portfolio with significant opportunities to add and return value year-on-year whether through new or existing footprint. There's always a commercial opportunity to consider while balancing a mix of retail and pharmacy operations, locations, premium beauty brands and store configurations to ultimately deliver best value. We are now looking for an experienced Estates Manager to join the team. The successful candidate will have good all-round property experience, commercial acumen and a high level of drive to succeed.

Key responsibilities

• Reporting to the Regional Estates Manager you will have responsibility for a diverse workload including:
• Acquisition of new stores in some of the busiest high streets and retail parks
• Negotiating the best commercial terms in the market with Landlords on all aspects of lease renewals, rental transactions and property management.
• Leading the performance of external advisors to deliver on time and under budget.
• Actively managing a portfolio of stores to ensure lease compliance
• Advising the business on all aspects of property management including lease obligations, dilapidations and actively managing our sublet portfolio.
• Assisting teams on business projects to deliver measurable results.
• Financially appraising and evaluating property transactions along with preparing and presenting approval papers.

What you'll need to have (our must-haves)

• You’ll have a degree in Real Estate Management and will be a Member of the Royal Institution of Chartered Surveyors with 5 years post qualification experience.
• The best candidate will have the following experience:
• Work collaboratively as part of a team of professionals to deliver business objectives.
• Commercially aware, being analytical and use financial knowledge to bring an innovative approach to property solutions.
• Self-motivated and results focussed to meet budget requirements with trust.

Rewards designed for you

• Boots Retirement Savings Plan
• Discretionary annual bonus
• Generous employee discounts
• Enhanced maternity/paternity/adoption leave pay and gift card for anyone expecting or adopting a child
• Flexible benefits scheme including option to buy additional holiday, discounted gym membership, life assurance, activity passes and much more.
• Access to free, 24/7 counselling and support through TELUS Health, our Employee Assistance Programme.

There's lots more in our benefits and discounts, MyBoosts - there to give you that little lift in your everyday. Find out more at boots.jobs/rewards. Exclusions may apply; eligible roles only. Please note that any salary estimates provided on third-party sites are not endorsed by Boots and may not be accurate.

About The Boots Group

The Boots Group is a trusted leader in healthcare, pharmacy and retail, operating across 11 countries - including the UK, Ireland, Thailand and Mexico. The Boots Group brands - including Boots, Boots Opticians, No7 Beauty Company, Farmacias Benavides and Alliance Healthcare - are trusted and well recognised healthcare and beauty businesses, serving millions of customers and patients every day in communities around the world. We are proud to be an equal opportunity employer, passionate about embracing the diversity of our colleagues and providing a positive and inclusive working environment for all.

Boots is a Ban the Box employer and will consider the suitability of applicants with criminal convictions on a case-by-case basis.