Estates Manager Estates Manager

Overview

As Estates Manager, you will lead and execute the Stonegate asset disposal strategy, maximising capital receipts and financial returns across the freehold estate. This role will work cross functionally to identify the right assets to sell and is responsible for the delivery of property disposals to time and budget, ensuring the team hits the annual capital receipt budget. You will be responsible for the asset disposal process through to completion including legal due diligence, obtaining appropriate reports and surveys where necessary, instructing external lawyers and other property professionals, as required. The role will also be responsible for writing Board decision papers and ensuring these are of the highest quality with robust and well-argued recommendations. The position is field based but will require an appropriate proportion of time in the Solihull office liaising with other head office functions. The role will involve travelling throughout the geographic area of responsibility and will include ongoing liaison with field-based operations and property colleagues, third party suppliers and agencies.

• Maximisation of value through disposal activity, delivering an annual disposal proceeds budget.
• Implementation and execution of the organisation disposal strategy.
• Develop a prioritised asset disposal plan.
• Work with Operations colleagues to ensure any period of pub closure before disposal is kept to a minimum.
• Manage costs, fees, and other outgoings to ensure net receipts are maximised.
• Manage the disposal programme and proactively forecast exchange and completion dates ensuring these milestones are achieved.
• Regularly review under-performing assets with the relevant Operations teams.
• Ensure any ACV applications are managed so as to not adversely impact the ability to sell the site at the maximum possible value.
• Provide ad hoc valuation and marketing advice to support the review of assets within the estate.
• Prepare Board decision papers ensuring these are submitted in a timely manner, are accurate and have robust and well-argued recommendations.
• Manage the legal due diligence process ensuing lawyers are properly instructed and all reports, surveys, enquiries before contract are dealt with efficiently and accurately.
• Ensure Stonegate\’s legal position is protected in all property negotiations and contracts.
• Annual estate revaluation
• Support the annual valuation exercise, as required.
• Support management of book values by ensuring that all likely disposal candidates are flagged to Finance as part of the valuation exercise.
• Participate in the annual Estate Review providing updated ERVs (with VP) and identifying HAUV and/or opportunities to develop part.
• Effectively manage the estate.
• Adopt a rigorous and appropriate approach to Health & Safety management, ensuring that all parties and processes adhere to performance standards as defined by the organisations Health & Safety team.
• Contribute to the development of a \’best in class\’ service:
• Establish relationships with external agencies, planning specialists, property professionals, JVs, developers and financial partners that can provide intelligence, optimise potential planning applications and timeframes for delivery, enabling us to deliver a \’best in class\’ service.
• Undertake post implementation reviews on disposals to ensure anticipated returns are delivered.
• Ensure optimum value and quality are obtained from all outsourced services and partners.
• Benchmark approach, practices, service levels and outcomes against competitors and take appropriate action/innovate to deliver industry leading solutions and relationships.
• Seek and share best practice across the organisation.
• Provide insight and innovation to our services as we seek to continually improve and add value across the organisation.
• Experience in Corporate Real Estate, ideally licensed premises, hospitality or retail. Ideally RICS qualified Chartered Surveyor or aspiring MRICS or Assoc.RICS
• Strong and tenacious negotiator with flair for spotting opportunities and understanding property \’angles\’ and extracting maximum value from asset disposals.
• Well organised and able to maintain relevant administration, reporting and planning systems to ensure that all responsibilities are discharged within agreed guidelines and company policies and procedures
• Creative & strategic thinker, able to exploit opportunities and think \’outside the box\’
• Successful track record of achieving challenging targets

• Stonegate Group is the UK\’s largest operator of pubs, bars, and late-night venues, including Slug & Lettuce, Be At One, and Popworld. We are committed to an inclusive culture that embraces individuality in all its forms, including neurodiversity. We reflect the vibrant communities we serve and empower our people to thrive.
• At Stonegate, we believe that when you feel your best, you do your best. We are committed to supporting the health, happiness, and overall wellbeing of every team member. From lifestyle perks and flexible support to mental health resources, our benefits are designed to help you thrive, both in and out of work.
• 25 days of annual leave, plus 8 bank holidays, with the option to purchase up to 5 additional days of leave each year
• Bonus Scheme
• Access to discounted Private Medical Insurance through Vitality
• Exclusive discounts on Dental Insurance
• Reward Card via the MiXR app, giving you and your friends 25% off food and drinks as well as VIP entry across our Managed Estate
• Life Assurance which gives access to Help @ Hand
• Access to your pay early via Stream
• The Stonegate Xtra portal with access to a wide range of high street discounts and offers
• Discounted access to David Lloyd membership
• Award winning Learning & Development programmes to drive your career