Estates Manager: Argos in City of London

Estates Manager: Argos in City of London

City of London Full-Time 31500 - 38500 £ / year (est.) On-site
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At a Glance

  • Tasks: Lead property strategy for Argos, managing and growing the estate portfolio.
  • Company: Join a digital-led UK retailer that values innovation and customer experience.
  • Benefits: Enjoy discounts, performance bonuses, private healthcare, and flexible working options.
  • Other info: Dynamic environment with opportunities for personal and professional growth.
  • Why this job: Make a real impact on property decisions that shape the future of Argos.
  • Qualifications: Experience in property management and strong negotiation skills required.

The predicted salary is between 31500 - 38500 £ per year.

Argos stores are at the heart of how millions of customers shop, and behind every one is a property strategy that keeps it in the right place, on the right terms and ready to grow. As our Estates Manager, you'll own that strategy for your region. You'll take a proactive, commercial approach to managing and growing a designated part of the Argos property portfolio. That means protecting continuity of occupation, optimising property costs, keeping the estate flexible and finding new ways to create value. You'll also find and secure new store opportunities that shape what the Argos estate looks like in future. This is a high autonomy, high impact role. You'll balance the needs of individual stores against the long term performance, cost and risk of the wider portfolio. Your recommendations will go to the Property Board, and your negotiations will have a direct effect on our commercial position.

What you'll be doing:

  • Driving asset strategy: developing and delivering asset and portfolio strategies for your region, covering lease restructures, cost reduction and value creation across the existing estate.
  • Owning lease events and risk: anticipating key lease dates and property risks, and putting the right strategies in place well ahead of time.
  • Leading negotiations: taking charge of complex landlord and tenant discussions, including rent reviews, lease renewals, break options, regears and variations.
  • Growing the estate: identifying, assessing and progressing new store acquisitions, from heads of terms through to securing the right property solution.
  • Influencing at senior level: building commercially robust recommendations and presenting papers to the Property Board and other governance forums.
  • Working with key partners: collaborating with Operations, Finance, Legal, Construction and Facilities Management to deliver new stores from opportunity through to handover, and to resolve estate issues with minimal disruption to trading.
  • Managing advisers: instructing, managing and challenging external agents, consultants and professional advisers to deliver strong outcomes and value for money.
  • Forecasting and reporting: leading regional budget and forecast preparation, keeping portfolio data accurate, and tracking performance, risks and opportunities.

What experience you'll bring (essential skills):

  • Property and asset management expertise: strong experience, ideally from a large and complex operational property portfolio, such as retail.
  • Professional credentials: RICS membership is desirable, or equivalent relevant professional experience.
  • Landlord and tenant knowledge: strong knowledge of rent reviews, lease renewals, regears, break options, dilapidations and lease restructuring.
  • Acquisition and negotiation skills: experience of property acquisitions and negotiating new leases, plus the confidence to lead complex discussions with landlords, tenants, agents and advisers.
  • Commercial judgement: an understanding of how property decisions affect asset value, occupancy cost, operational needs and risk, and the ability to turn opportunities into deliverable outcomes.
  • Market insight: strong property market knowledge, ideally including property investment and valuation principles.
  • Influence and communication: the ability to build clear, evidence based recommendations, influence senior stakeholders and build strong relationships across the business and externally.
  • Autonomy and problem solving: the ability to prioritise across multiple lease events and transactions, protect continuity of occupation, and find creative commercial solutions to complex property challenges.

At Argos, we’re a digital-led UK retailer that keeps pushing boundaries to meet every generation with what they want, how and when they want it. As a market leader in general merchandise, serving millions of customers through our website, app, same-day delivery and Click & Collect services, we offer real opportunities to learn, grow and shape your career. With roles spanning Commercial, Buying, Merchandising, Design and Supply Chain, through to Digital, Operations, Customer Experience, Marketing, and People and Transformation, you will work with brilliant colleagues and directly shape how we serve our customers every day.

We are committed to being a truly inclusive retailer so you’ll be welcomed whoever you are and wherever you work. Around here, there’s always the chance to try something new — whether that’s as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we’ll also offer you an amazing range of benefits. Here are some of them:

  • Starting off with colleague discount, you'll be able to save 10% on your shopping online and instore at Sainsbury's, Argos, TU and Habitat, and we regularly increase the discount to 15% at points during the year.
  • We've also got you covered for your future with our pensions scheme and life cover.
  • You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 20% of salary, depending on how we perform.
  • Your wellbeing is important to us too. You'll receive an annual holiday allowance, and you can buy up to an additional week's holiday, and we provide private healthcare.
  • We also offer other benefits that will help your money go further such as season ticket loans, interest free car loan of up to £10k, cycle to work scheme, health cash plans, salary advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers.
  • And if you ever need it there is also an Employee Assistance Programme.
  • Moments that matter are as important to us as they are to you which is why we give up to 26 weeks’ pay for maternity or adoption leave and up to 4 weeks’ pay for paternity leave.

Estates Manager: Argos in City of London employer: Sainsbury's

Sainsbury's in Torquay offers a vibrant work environment where teamwork and customer service are at the heart of everything we do. As a Night Shift Trading Assistant, you'll benefit from comprehensive training, opportunities for personal growth, and the chance to make a real difference in our community by ensuring our store is well-stocked and welcoming. Join us for a rewarding experience in a supportive atmosphere that values your contributions and encourages career advancement.

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Contact Details:

Sainsbury's Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Estates Manager: Argos in City of London

✨Get Involved in Local Property Events

Dive into local property expos and networking events! Real estate thrives on connections, so attending these events helps us meet potential employers and industry leaders, plus it's a chance to show off your enthusiasm for the field.

✨Connect with Local Agents on Social Media

Follow and engage with local real estate agents and firms on platforms like Instagram and LinkedIn. Sharing their posts and commenting with your insights can put you on their radar and might even lead to job opportunities at companies like Sainsbury's.

✨Don’t Underestimate the Power of Cold Outreach

Got your eye on a specific company like Sainsbury's? Don't hesitate to send a direct message or an email expressing your interest. Personalise your approach, maybe mentioning a recent listing or project of theirs, and it could set you apart from other candidates.

✨Utilise Property Management Platforms

Check out property management platforms and job boards tailored for the real estate sector. They often have exclusive listings, especially for full-time roles. Don't forget to visit Sainsbury's's careers page directly; we love seeing passionate candidates applying through our website!

We think you need these skills to ace Estates Manager: Argos in City of London

Property and Asset Management Expertise
RICS Membership or Equivalent Experience
Landlord and Tenant Knowledge
Acquisition and Negotiation Skills
Commercial Judgement
Market Insight
Influence and Communication

Some tips for your application 🫡

Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!

Quantify Your Achievements:In real estate, numbers speak volumes! When detailing your past roles, use concrete figures to demonstrate your achievements. For example, mention how many properties you sold, the percentage increase in client satisfaction, or any successful negotiations. These metrics can give your application that extra punch it needs!

Tailor Your Documents for the Job:Every application should feel personal. When applying for the Estates Manager: Argos role at Sainsbury's, tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!

Keep It Professional Yet Approachable:While we want you to show off your expertise, don't forget to let your personality shine through in your cover letter. A touch of friendliness can set you apart, especially in real estate where client interaction is key. Show that you're ready not just to work with the property but also with people!

How to prepare for a job interview at Sainsbury's

✨Know Your Market Trends

In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where Sainsbury's operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.

✨Prepare for Scenario Questions

Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.

✨Showcase Your Connections

In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to Sainsbury's. Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.

✨Demonstrate Technical Savvy

Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at Sainsbury's.