Estates Manager

Bestway Retail; London; On-site; GBP 50,000 - 75,000; Full time

Job summary

Bestway Retail is looking for a qualified Estates Manager to oversee their extensive property portfolio across the UK. The ideal candidate will manage landlord relationships, lead negotiations for leases, and develop strategies to maximize property use. Candidates should be RICS qualified with a strong background in retail property management.

Qualifications

• At least 5 years general property experience, preferably in a retail environment.
• Excellent knowledge of the convenience retail sector.
• Experience in negotiating lease renewals and property acquisitions.

Responsibilities

• Manage the UK property portfolio of circa 150 stores and 70 residential units.
• Lead negotiations on landlord and tenant relations and property transactions.
• Prepare and deliver reports and feasibility studies for senior management.

Skills

Negotiation

Project Management

Commercial Acumen

Education

Degree in Estate Management or Property Transactional

RICS Qualification

Job description

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About The Role

We are looking to recruit a

About The Role

We are looking to recruit a RICs Qualified Estates Manager to manage the Group’s UK property portfolio (Circa 150 stores and 70 Residential units nationally). This will include leading on landlord and tenant, day to day estates, transactions, rating, property lease management and negotiations.

You will be working with the Head of Property to develop a mid to long-term strategy for the business and be responsible for leading and negotiating Transactions (acquisitions and dispositions), Lease Renewals and Rent Reviews on an ongoing basis. You will also be expected to undertake an allocated amount of L&T jobs directly (only outsourcing to consultants where necessary).

This role is responsible for managing Business Rates Liability for the company and working with other members of the team and external consultants, to lead negotiations on Dilapidation disputes. You will provide forecasting around costs associated with the estate and maximise opportunities for currently under-utilised space within the portfolio.

You will work with and manage a Property Co-ordinator.

Key Accountabilities & Responsibilities

• Managing Day to Day Property related Issues
• Manage Day to Day Landlord relationships
• Liaise with other Departments including Legal, Operations, Finance to ensure smooth running of Department
• Liaise with Maintenance Team to ensure that Building and Property Repairs are dealt with quickly, efficiently and Cost effective
• Liaise with professional teams, including solicitors, agents, and planning consultants whilst working with the wider property team
• Prepare and deliver reports for senior management including recommendations, detailed feasibility studies and strong financials
• Highlighting procedures and processes and providing solutions for the company to save costs and make long term profit.
• Manage the Commercial & Residential lettings
  
  

About You

• The ideal candidate will be a general property professional, educated to a degree standard, within an Estate Management or a Property Transactional related area.
• You will have at least 5 year’s general property experience, preferably within a retail and/or multi-site environment and be RICS Qualified.
• Excellent knowledge and experience of convenience retail sector
• Experienced at negotiating as a tenant to secure the best renewals of leases.
• Experienced at negotiating with tenants to secure the best returns on investment
• Excellent Project Management skills
• Previous experience of franchise operations would be a bonus.
• Experience of property acquisitions and estates management
• Contacts and standing in the Property sector
• Good commercial acumen and experience of financial responsibilities
• Extensive retail experience gained either at a client-side end user, retail developer or agency
  
  

About Bestway

Bestway Group is a diversified multinational family owned business with annualised turnover in excess of £4.5 billion. Starting off as a chain of retail convenience stores, the Group has grown to become a diversified multinational business with interests across the wholesale, pharmacy, real estate, cement and banking sectors. The Group is also the largest overseas investor in Pakistan.

Owned by the Pervez, Choudrey and Sheikh families, Bestway Group was founded in 1976 by Sir Anwar Pervez OBE H Pk, who remains Chairman. Serving over 12 million customers and employing over 28,000 individuals, the Group supports and serves communities through its operations across the UK, Pakistan and the Middle East

We understand that no applicant ever ticks every box so please do consider applying should some or most of the above apply. Bestway Group is an equal opportunity employer and we value diversity and inclusion. We welcome people of different nationalities, backgrounds, experiences, abilities, and perspectives. We want strong, and diverse teams built from talented individuals with different backgrounds identities and experiences.

If this is of interest to you and you would like to learn more, please do get in touch, we are looking forward to hearing from you.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Management and Manufacturing

• Industries

  Retail

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