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Lead Property Acquisition Specialist

3 months ago

London, Greater London, United Kingdom The Gym Group Full time
Welcome to The Gym Group, where fitness and community thrive together.

We are more than just a fitness center; we are a nationwide network dedicated to making fitness accessible to everyone. We are currently seeking a Senior Property Acquisition Manager to enhance our dynamic Gym Support team at our Head Office.

Why consider this opportunity?

We stand out in the fitness industry with over 230 locations across the country, offering the most affordable 24/7 gym experience. Our core values promote fun, innovation, inclusivity, and engagement, making our culture our greatest asset. We empower our teams to embrace extraordinary experiences, supporting personal growth and self-discovery in a friendly environment.

Role Overview

This is a remarkable chance to be part of our growth journey. Reporting to the Property Director, this position is ideal for a motivated and seasoned surveyor with experience in the retail or leisure sectors.

Key Responsibilities:

Market Research and Analysis:
  • Conduct thorough market research to uncover potential acquisition opportunities.
  • Analyze market trends, economic indicators, and real estate forecasts to shape acquisition strategies.

Property Evaluation:
  • Perform initial assessments of properties and locations to ensure successful gym operations, considering factors like accessibility, demographics, visibility, competition, and suitability.
  • Evaluate financial, planning, and legal aspects of potential properties to assess viability and profitability.
  • Collaborate with external advisors to conduct necessary due diligence.
  • Work alongside gym operational teams to evaluate all aspects of proposed locations.
  • Assist property project managers in detailed technical assessments and due diligence.

Financial Modelling and Analysis:
  • Create financial models to assess the profitability and expected return on investment (ROI) for new gym locations.
  • Prepare and present comprehensive site appraisals.

Negotiation and Deal Structuring:
  • Lead negotiations with landlords, agents, and stakeholders to secure optimal financial terms based on site performance and overall appraisal.
  • Structure agreements that align with the organization’s financial and strategic goals.

Stakeholder Engagement:
  • Collaborate with internal teams, including finance, operations, and marketing, to ensure alignment and facilitate seamless acquisition processes.
  • Build and maintain relationships with external stakeholders such as brokers, investors, and local officials.
  • Engage with gym operations and marketing teams to ensure successful gym launches.

Strategic Planning and Execution:
  • Develop and implement acquisition strategies that support the long-term goals of the property portfolio.
  • Identify and create strategies for expanding the gym's regional and city presence.

Compliance and Risk Management:
  • Ensure adherence to all relevant laws, regulations, and industry standards.
  • Identify and mitigate risks associated with property acquisitions.

Leadership:
  • Promote a productive and inclusive team environment.
  • Provide leadership in property acquisition strategies and development through collaboration and shared responsibility.

Reporting and Communication:
  • Prepare detailed reports and presentations for senior management regarding potential acquisitions, projections, and market analysis.
  • Communicate effectively across all organizational levels to ensure transparency and alignment on acquisition activities.

Continuous Learning and Improvement:
  • Stay informed about changes in real estate laws, market conditions, and industry best practices.
  • Continuously seek opportunities for professional development and process enhancements.

Candidate Profile:

Essential:
  • Demonstrated success in maintaining a continuous pipeline of property acquisitions within the retail or leisure sectors.
  • Proven negotiation skills with commercial insight to secure financially viable locations and properties.
  • Comprehensive understanding of landlord and tenant matters.
  • A robust network of contacts within the property sector.

Desirable:
  • RICS qualification.
  • Strong communication and negotiation skills, with a proactive and positive approach to work.
  • Experience in managing the process from initial identification through to lease completion, working closely with internal and external consultants.
  • Ability to demonstrate resilience and commercial insight while navigating challenges.
  • Familiarity with in-house appraisal tools and other IT applications.
  • A passion for the product, embodying the values and inclusive culture of The Gym Group.

We look forward to learning more about you and your alignment with our values.