At a Glance
- Tasks: Manage a diverse property portfolio and lead negotiations for leases and transactions.
- Company: Join a dynamic team at Bestway Group, a leader in the retail sector.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse workplace that values different perspectives and experiences.
- Why this job: Make a real impact in property management while developing your career in a supportive environment.
- Qualifications: RICS Qualified with 5 years of property experience, preferably in retail.
The predicted salary is between 50000 - 65000 £ per year.
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. 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.
Bestway Group is an equal opportunity employer and we value diversity and inclusion. We welcome people of different nationalities, backgrounds, experiences, abilities, and perspectives.
Estates Manager in London employer: Bestway Group
Bestway Group is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As an Estates Manager, you will benefit from a supportive culture that prioritises employee growth and development, alongside competitive remuneration and comprehensive benefits. With a focus on diversity and inclusion, Bestway Group fosters a workplace where every voice is valued, making it an ideal place for professionals seeking meaningful and rewarding careers in property management.
StudySmarter Expert Advice🤫
We think this is how you could land Estates Manager in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the property sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with hiring managers or during interviews, make sure to highlight your experience in managing landlord relationships and negotiating leases. Use specific examples to demonstrate how you've added value in previous roles.
✨Tip Number 3
Be proactive! If you see a company you’re keen on, don’t wait for them to post a job. Reach out directly through our website and express your interest. A well-timed email can set you apart from the crowd and show your enthusiasm for the role.
✨Tip Number 4
Prepare for interviews by brushing up on your knowledge of the retail sector and current market trends. Be ready to discuss how you would approach managing the property portfolio and maximising under-utilised spaces. Confidence and preparation are key!
We think you need these skills to ace Estates Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Estates Manager role. Highlight your RICS qualifications and relevant property experience, especially in retail or multi-site environments. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for managing our UK property portfolio. Share specific examples of your negotiation successes and how you've tackled landlord-tenant issues in the past.
Showcase Your Commercial Acumen:We love candidates who understand the financial side of property management. In your application, mention any experience you have with cost forecasting, lease renewals, and maximising under-utilised spaces. This will show us you can think strategically!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Bestway Group
✨Know Your Portfolio
Before the interview, make sure you’re familiar with the company’s property portfolio. Research their stores and residential units, and think about how your experience can add value to their management. This will show that you’re genuinely interested and prepared.
✨Master the Numbers
Brush up on your financial acumen! Be ready to discuss forecasting costs, managing business rates, and providing detailed feasibility studies. Having solid examples from your past experience will help demonstrate your capability in handling financial responsibilities.
✨Showcase Your Negotiation Skills
Prepare specific examples of successful negotiations you’ve led, whether it’s lease renewals or tenant agreements. Highlight your strategies and outcomes to illustrate your expertise in securing the best deals for both parties.
✨Collaborate and Communicate
Since this role involves liaising with various departments, be ready to discuss how you’ve effectively collaborated with legal, finance, and maintenance teams in the past. Share examples that showcase your communication skills and ability to ensure smooth operations.
