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Property Surveyor
3 months ago
Overview of the role
As the Property Surveyor, you will define and deliver the strategy for every store to drive business performance and save costs. Each strategy will maximise opportunities and minimise threats to the Estate through the use of strategic property, and regulatory actions to meet the business needs in line with the Network Strategy by working closely with operations
*Please note this is for 12 months Maternity Cover*
Main Responsibilities
- Provide a best of class corporate real estate service and implement individual property strategies to protect and enhance trading profits through proactive asset and lease management, cost control and working to agreed budgets. Budgets need to be challenged, agreed and reported on.
- Working with stakeholders across the business to ensure the alignment of the property interest with operational, regulatory and commercial requirements, wherever possible generating additional value from the strength of the covenant and generate a pipeline of activity
- Effectively manage the rolling program of end to end process of lease renewals and rent reviews, contributing to the business completing circa 100 rent reviews and 50 lease renewal in any one financial year, ensuring instructions are given in a timely manner to allow proper budget reporting, challenge providers to confirm that settlements are at market levels and could not be bettered and make sure that outsourced service providers are adhering to agreed reporting timescales and procedures so that future occupancy costs and revenue are accurately budgeted and controlled.
- Manage the property element of M&A activity of going concern businesses, and surplus property disposals at all times ensuring best value is achieved and ensuring that any cost-effective opportunities for value enhancement are progressed to maximise the capital value and proceeds generated from the wider estate.
- To manage the onerous leasehold portfolio to minimise contingent liabilities and future accounting provisions by achieving cost effective property solutions (sub-lettings, assignments, surrenders, buy-in’s, re-occupation within the business) that reduce holding costs. This will include the residential and non trading property portfolio.
- Control and implement actions to ensure the accurate recording and maintenance of the property database (Bluebox) to ensure data is accurate and that all headlease occupancy costs and other outgoings are paid in a timely manner.
- To manage the effective disposal of properties that are surplus to requirements, ensuring the best possible outcome on dilapidations
- Working with finance and operation to create business cases that support business development opportunities to protect and grow the business profitability
Problem Solving & Change:
- Proactive management of all professional agents ensuring SLA’s are complied with and that the business is protected at all times. Adapt and renew strategy and instruction to reflect changing market conditions and requirements.
- Challenge estate strategy assumptions to ensure best property and regulatory solutions are identified
- Investigate and make recommendations to solve property issues in order to protect the business and EBITDA.
Key knowledge and skills required:
- 5 years plus property experience MRICs qualified, with experience ideally in corporate real estate
- Full UK driving licence with own car
- Strong analytical and problem solving skills together with creativity, numeracy and strategic knowledge
- Exceptional stakeholder management, communication and influencing skills, with ability to build and maintain effective internal and external relationships
- MS Office skills
- Ability to manage a multi-asset, multi-sector portfolio of significant scale including regulatory complexity
The Ideal Candidate
Well are proud to be a diverse and inclusive employer. If you have any specific requirements, we'll do everything we can to support you. Whether it is to find a pharmacy that is accessible, or if it is a part time position you are looking for, we can help find the role that is right for you. If you need us to make any reasonable adjustments to our recruitment process, we will be happy to accommodate you.
Please be aware that due to the high number of applications we receive it may not be possible for us to provide an outcome to all applicants. If you are not contacted within 28 days of your submission unfortunately you will have been unsuccessful.