At a Glance
- Tasks: Identify and secure new store opportunities to support Tesco's growth.
- Company: Join Tesco's dynamic Property team making a difference in communities.
- Benefits: Enjoy competitive salary, annual bonus, generous holiday, and private medical insurance.
- Other info: Opportunity for career growth in a supportive and high-performing culture.
- Why this job: Shape the future of Tesco while impacting local communities positively.
- Qualifications: Experience in property acquisition and strong relationship-building skills required.
The predicted salary is between 55000 - 65000 £ per year.
Overview
At Tesco, our Property team plays a vital role in helping us serve customers and communities across the UK.
As an Acquisition Manager within our Large Stores team, you'll be responsible for identifying and securing new store opportunities that support our long‑term growth ambitions.
You'll deliver a strong pipeline of development opportunities, ensuring the right store format is acquired in the right location to support our strategic objectives.
Working closely with internal stakeholders and external partners, you'll lead the acquisition process from site identification through to business approval, planning and delivery.
This is an exciting opportunity to shape Tesco's future store estate while making a real difference to the communities we serve.
Benefits
- Annual bonus scheme of up to 20% of base salary.
- Holiday starting at 25 days plus a personal day (plus Bank holidays).
- Private medical insurance.
- 26 weeks maternity and adoption leave (12 months service required at the qualifying date) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave.
- Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing.
- Role Responsibilities
- Developing and maintaining a strong pipeline of large store acquisition opportunities across your region.
- Identifying, appraising and negotiating new site acquisitions, working collaboratively with internal property, planning and development teams to deliver the best possible outcomes.
- Monitoring local market conditions, retail trends and competitor activity, providing regular market intelligence and recommendations.
- Recording and reporting the progress of acquisition opportunities, providing clear updates on pipeline activity and performance.
- Building and maintaining strong relationships with landowners, agents, developers, consultants and key external stakeholders.
- Progressing business cases for new acquisitions, balancing quality, value and strategic fit while delivering against key business objectives.
- Leading planning applications for approved sites, ensuring effective management of public relations and community engagement.
- Negotiating commercially robust and flexible agreements that minimise business risk while delivering sites on time and within budget.
- Managing budgets effectively and ensuring capital is invested responsibly and efficiently.
- Developing and supporting a high-performing culture, helping colleagues reach their full potential.
- Championing Health & Safety, promoting best practice and contributing to a positive safety culture across the team.
Qualifications
- Proven experience within property acquisition, development or commercial property.
- A strong understanding of commercial property sales, lettings and site finding.
- Knowledge of the UK retail property market and emerging market trends.
- Experience negotiating complex property transactions and land agreements.
- Strong commercial awareness with the ability to assess opportunities and make sound investment recommendations.
- Excellent stakeholder management and relationship-building skills.
- Experience working across multidisciplinary teams to deliver successful property projects.
- A property-related degree or relevant professional qualification (desirable).
- A full UK driving licence and willingness to travel as required.
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Large Stores Acquisition Manager in Welwyn Garden City employer: Tesco - Corporate
At Tesco, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation in Welwyn Garden City. Our hybrid working model provides flexibility, while our commitment to employee growth ensures that you will have ample opportunities for professional development and career advancement. Join us to make a meaningful impact on our operational tools and be part of a team that values your contributions and supports your aspirations.
