Commercial Estates Administrator

2 days ago


Watford, Hertfordshire, United Kingdom Majestic Wines Warehouse Limited Full time

We are Majestic Wines Warehouse Limited, the UK's largest specialist wine retailer, operating a network of over 200 stores nationwide. We have an exciting opportunity for an experienced Assistant Estates Manager to join our team in Watford.

The successful candidate will be responsible for assisting in the successful management of all Estates matters in the UK, comprising over 200 leasehold properties and circa 50 sublet units generating income over £700K. This role involves working closely with the estates and wider property team to manage a portfolio of nationwide sublets and optimise rental income.

  • Manage a portfolio of nationwide sublets and assist in optimising rental income, dispose of surplus accommodation, and maintain relationships with sub-tenants.
  • Work with the Asset Manager and Head of Asset Management to assist in building and executing the re-gear strategy and build a pipeline of opportunities.
  • Contribute to minimising rent, rates, insurance, and service charges while maximising income opportunities.

We offer a competitive salary of around £45,000 per annum, up to 20% staff discount, 29 days holiday, including public and bank holidays, life assurance, a contributory company pension plan, and career development opportunities.

This is a permanent contract with a blend of office and home working as part of our Agile Working Policy for Support Centre colleagues.

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