The Role:

Based in Watford andreporting to the Director of Estates and Acquisitions with accountability 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.

Working alongside the estates and wider property team this individual will take responsibility for assisting in the day to day management of the retail estate, our distribution centre and sublet properties whilst supporting our retail teams in delivering an exceptional customer experience.

Job specifics:

Contract: Permanent

Location: Watford

Department:Estates

Line Manager:Director of Estates and Acquisitions

Our Head Office is based inWatford, just 20 minutes from London Euston. From Watford Junction, we are a 15-minute walk to our Head Office*

*We are proud to offer an Agile Working Policy for Head Office colleagues; a blend of office and remote working which will include 3 days working at the Majestic Office each week.

What you’ll be doing

• Manage a portfolio of nationwide sublets including lease renewals and rent reviews to maximise rental income, dispose of surplus accommodation and maintain relationships with sub-tenants, ensuring they comply with their lease responsibilities.

• Act as the main contact for our Landlord and sub-tenants on all day to day property issues.

• Support our operational teams in resolving issues impacting our customers that requires interaction with neighbours or resolution by landlords.

• Manage the Property Administrator who would be a direct report into this role.

• Manage the rent, rates, insurance and service charge budgets and approving invoices in conjunction with the Estates Administrator and wider team to minimise expenditure and maximise income.

• Undertake reviews of all expenditure to identify potential savings.

• Undertake and assist in managing rent reviews, lease renewals, lease re-gears and extensions in our retail portfolio in partnership with the Asset Manager and Senior Estates Manager.

• Assist in the production of business cases to justify expenditure and upgrades in the sublet portfolio.

• Advise the retail and wider property team on lease responsibilities including repairs, insurance, user restrictions and alienation clauses.

• Liaising with Landlords and their agents to negotiate and co-ordinate insurance claims, repair notices and interim Schedules on Condition.

• Assist the Director of Estates and acquisitions with the wider estates team in the preparation of budgets for rent, rates, insurance and service charges.

• Maintain portfolio records and assist in building and maintaining property records.

• Instruct and supervise external lawyers, commercial agents, rating surveyors and other property advisors.

What we’ll expect from you

• Experience in managing commercial property in a national multi site business - acquisition and disposal experience an advantage.

• Practical understanding of commercial property and L&T experience.

• A track record of achieving stretching targets and delivering against cost efficiency and revenue generation.

• Excellent communication and stakeholder relationship management skills.

• Good IT skills with working knowledge of word, excel and powerpoint - Google equivalents an advantage

• Must have a strong verbal and numerical skills and be comfortable with report writing

• High levels of energy, drive and resilience, with the flexibility to thrive in a fast-paced, dynamic environment, work under pressure and deliver at pace.

• Ability to manage large and varied workload and demonstrate high levels of organisational and analytical skills

• Drive and determination to continuously improve with a demonstrable can-do attitude.

Key Stakeholders (Internal & External)

• Director of Format Development and New Store Operations

• Property Project Manager

• Head of facilities and H&S

• The accounts payable team and the Management Accountant

• Retail Managers and Area Managers

• External Consultants including legal teams, managing agents and landlords.

Key Competencies

• Commercial Property / L&T experience

• Strong Excel skills

• Stakeholder Engagement

• Excellent communication skills

• Commerciality

• Analysing Information

• Influence & Impact

• Drive & Resilience

What you can expect from us

Culture

At Majestic, we are warm, straightforward and optimistic. We have a big footprint in the UK, but still a small company feel and you can expect quality and value to be built into everything we do. You’ll have the support of a close network of colleagues and managers, and every day is different here! We want you to bring your personality to work and we love our diversity.

Rewards & Benefits:

* A competitive salary & performance related bonus

* Up to 20% Staff Discount

* 29 days holiday, including public and bank holidays and we also have a Holiday Purchase Scheme

* Life Assurance (Worth 2 times your annual salary)

* A contributory Company Pension Plan

* Career development opportunities

* Free parking on site with electric charging points

* Access to Retail Trust which includes: Retail Rewards including Instant savings with discounted e-vouchers, discounted reloadable shopping cards, gift vouchers and gift cards, Discounts of up to 30%, access to free counselling support phone line

* Company maternity, paternity and adoption leave after 26 weeks

* Long service rewards

Internal candidates only — applicants must demonstrate a genuine interest in commercial property to be considered.

We look forward to receiving your application! Together we are Majestic! #TWAM

On the occasions where we have high volumes of applicants, some roles may close earlier than the advertised end date in order for us to manage all of the applicants appropriately. We will only be able to offer individual feedback to those candidates who attend an interview.