At a Glance
- Tasks: Manage diverse commercial properties and negotiate leases to ensure tenant satisfaction.
- Company: Privately owned commercial landlord with a focus on high-quality asset management.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Join a hands-on team and make a real impact in commercial asset management.
- Qualifications: 5+ years in Commercial Asset Management with strong negotiation and communication skills.
- Other info: Work primarily around the M25, mainly in Central London.
The predicted salary is between 43200 - 72000 £ per year.
Our client is a privately owned commercial landlord, who is now seeking to strengthen their Asset Management team by appointing an experienced Commercial Asset Manager to deliver high-quality services across a diverse portfolio of mixed-use properties. This role will need someone who is hands-on with a detailed understanding of leases, service charges and obligations under the 1954 landlord and tenant act. There is very little property management involved in this role but the ability to coordinate your work with the Property Management Team and other internal colleagues is essential.
You will take responsibility for the full spectrum of Asset Management and must be a proven negotiator who can find solutions that work for the company but also new and existing tenants. All portfolio properties are based around the M25, mainly Central London.
Key Responsibilities will include, but not be limited to:- Proactively monitoring, negotiating and dealing with tenants’ leases including rent reviews, break clauses and lease expiries.
- Selecting, instructing and monitoring letting agents on vacant commercial properties, whilst minimising costs of vacant properties.
- Review, negotiate and agree Head of Terms with prospective tenants via instructed agents.
- Ensure the accuracy of property data is up to date and maintained on CRM system in respect of leases, service charges and insurance details.
- Responsible for annual insurance renewal ensuring best value and billing recoverable premiums from appropriate tenants as well as managing insurance claims.
- Instructing county court claims and managing post CCJ recovery action.
- Dealing with applications for consent including alterations, assignments and underlettings.
- Responsibility for block/building level compliance. Ensure statutory audits are undertaken, recorded and accounted for in the service charges for health & safety, fire, asbestos, water risk assessments and more.
- Corresponding with VOA to deal with all business rates matters.
- Approve service charge budgets, demands and apportionments.
- Oversee Section 20 procedures for long term service contracts and major works.
- Oversee that all projects are communicated to relevant residential and commercial tenants.
- Liaise with accounts department for end of year service charge reconciliations, oversee the recovery of relevant recharges and service charge arrears.
- Minimum 5 years comparable experience in a Commercial Asset Management role.
- Comprehensive knowledge of relevant legislation, together with strong commercial and financial acumen.
- The ability to be hands-on and work as part of a wider commercial team is essential.
- Accuracy and attention to detail essential. You need to be organised, able to prioritise, manage your time efficiently and work to deadlines.
- Excellent communication and writing skills.
- Proven influencing and negotiation skills.
- Ability to work autonomously but also be a valuable member of the wider commercial team.
- Previous use of Qube property management software preferred.
Commercial Asset Manager in Slough employer: Prestige Talent Partners
Contact Detail:
Prestige Talent Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Asset Manager in Slough
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Show Off Your Skills
When you get the chance to meet potential employers, make sure to highlight your hands-on experience and negotiation skills. Share specific examples of how you've successfully managed leases or resolved tenant issues. We want to see you shine!
✨Research the Company
Before any interview, do your homework! Understand the company’s portfolio and their approach to asset management. This will help you tailor your responses and show that you’re genuinely interested in the role. We love candidates who come prepared!
✨Apply Through Our Website
Don’t forget to apply through our website for the best chance at landing the job! It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves. Let’s make this happen together!
We think you need these skills to ace Commercial Asset Manager in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Asset Manager role. Highlight your experience with leases, service charges, and any relevant legislation. 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 our team. Mention specific experiences that relate to the responsibilities listed in the job description. We love a good story!
Show Off Your Negotiation Skills: Since negotiation is key in this role, make sure to include examples of successful negotiations you've handled in the past. We want to know how you can find solutions that work for both the company and tenants.
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’s super easy – just follow the prompts!
How to prepare for a job interview at Prestige Talent Partners
✨Know Your Leases Inside Out
Make sure you brush up on your knowledge of commercial leases, especially the 1954 Landlord and Tenant Act. Be prepared to discuss specific lease terms and how they apply to different scenarios. This will show that you’re not just familiar with the theory but can also apply it practically.
✨Showcase Your Negotiation Skills
Since negotiation is key in this role, think of examples from your past experiences where you successfully negotiated lease terms or resolved tenant issues. Be ready to explain your approach and the outcomes, as this will demonstrate your capability to find solutions that benefit both the company and tenants.
✨Familiarise Yourself with the Portfolio
Research the properties within the portfolio, especially those around the M25 and Central London. Understanding the local market and any unique challenges these properties may face will help you stand out. It shows you’re proactive and genuinely interested in the role.
✨Prepare for Compliance Questions
Given the importance of compliance in this role, be ready to discuss your experience with statutory audits and health & safety regulations. Think of specific instances where you ensured compliance and how you managed any related challenges. This will highlight your attention to detail and organisational skills.