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Regional Estates Manager

3 months ago


Croydon, Cambridgeshire, United Kingdom Redefined Ltd Full time

Why Superdrug?

Passionate about Beauty and Health? Want to be part of an innovative, trend setting retailer? Our vibrant Head Office, based by East Croydon station is a fantastic environment filled with hundreds of brilliant personalities.

We're a team that puts our customers and our teams at the heart of everything we do. At Superdrug, we aim to be the best in accessible health & beauty, loved by our customers for value, choice, friendly advice, service and fun.

Our success comes from our people - they make the difference. We're all about personality, we have fun, and we work hard to deliver That Superdrug feeling.

Here's the exciting bit...a day includes


REGIONAL ESTATES MANAGER - home/office or hybrid dependent on candidate location
Superdrug, Savers, The Perfume Shop, Three

Role Purpose:

This role is in place to assist the company in maximising profitability and minimising expenditure through efficient and effective management of A S Watson's store estate. To include Savers, Superdrug, 3 and The Perfume Shop together with any future brand acquisitions.

A typical day in this role includes:

The Regional Estates Manager is responsible for a geographical area within which they will undertake work for all store brands within that region - each region has approx. 210 stores.
Following agreed brand strategy, the REM will predominantly deal with lease renewals, regears (break removals/operation of breaks/lease extensions etc) and rent reviews together with assisting where needed with ad hoc property management issues to support the Property Management team.
The majority of lease events (renewals, reviews etc) are dealt with in house so you will be responsible for ensuring notices are instructed to be served on time, negotiating and reporting deals, instructing solicitors and completing legal agreements in a timely manner.
You will work with the Senior Regional Estates Manager and Head of Estates to provide input on property strategy for designated brands based on your knowledge of properties in your region and provide recommendations based on store performance and business need.
You will manage external agents where appointed ie third party matters, and liaise with solicitors and appointed building surveyors where necessary, as well as liaising closely with finance and accounts teams and property management teams within the company.
Ensure robust rent budgeting is carried out in timely manner and rent runs are completed and approved accurately
Support acquisitions teams as needed with info where required ie due to store relocation / upsize etc
Support on audit processes to ensure compliance
Process invoices and expense requests in timely manner and in line with company policies

This job is a good fit for you if:

As an individual you have great drive, and an ambition to achieve.
Your commercial acumen is second to none, you will be decisive, results oriented with a healthy, positive regard for your colleagues.
You thrive under pressure, drive to achieve results in tight deadlines.
You have a great attention to detail but without losing sight of the commercial aims and needs of the business.

What you'll need:

You will be a member of the Royal Institution of Chartered Surveyors and have at least 3 years post qualification experience ideally with retail property experience.
You'll have extensive knowledge of Landlord and Tenant Legislation, be well connected in property networks and have a great knowledge of retail market trends.
You'll have the ability to travel within your region and to make trips as needed (if remote working) to team events and meetings
Your prior experience will include successful estates / lease management of a multi-site retail property portfolio, of appropriate scope and scale
The ability to use Microsoft suite including Outlook, Teams, Excel, Powerpoint and Word as well as online and internal databases

Here's what's in it for you

  • 33 days holiday rising to 38 days with length of service (inclusive of bank holidays)
  • 2 staff discount codes for yourself and a family member or friend
  • 30% discount on Superdrug Own Brand Products both in store and online
  • Hybrid working patterns available depending on role responsibilities with 2 days working from home and 3 days in our stylish, modern and collaborative office close to East Croydon Station
  • Company pension matching and bonus
  • We offer Wagestream - a money management app that gives you access to a percentage of your pay as you earn it
  • Being part of more We are part of a group who work closely with Savers, The Perfume Shop and Three UK
  • We are part of A.S. Watson Group, the world's largest international health and beauty retailer with over 15,700 stores in 25 markets
  • Unrivalled Learning and Development programmes

Come and be part of something special.

Hours : 37.5 | 9.00am - 5.30pm - Hybrid working available depending on role responsibilities with 2 days working from home and 3 days in our stylish, modern and collaborative office close to East Croydon Station.

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