Assistant Estates Manager - Watford

We have an exciting opportunity for an Assistant Estates Manager to join the UK’s largest specialist wine retailer!

Who are we?

Majestic is the UK’s largest specialist wine retailer, operating a network of over 200 stores nationwide. Founded in 1980, the company recently passed back into private ownership following the acquisition of Fortress Investment Group and has undergone an ambitious transformation and turnaround programme. The results of which are now being seen, with record market share growth, a new and improved product range, a new website and six new stores – with a pipeline for future expansion over the next five years. With no minimum purchase, the Majestic range includes over 1,100 different wines, spirits and beers both online and in-store. Majestic’s key strength is over 1,000 WSET-trained colleagues offering knowledgeable, friendly service across all channels.

The Role:

Based in Watford and reporting to the Head of Asset Management 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 a variety of different buildings and sublet properties whilst supporting our retail teams in delivering an exceptional customer experience.

Key Responsibilities:

• Assist in managing rent reviews, lease renewals, lease re-gears and extensions in partnership with the Asset Manager and Head of Asset Management.
• 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 and assist the Estates team to minimise rent, rates, insurance and service charges whilst maximising income opportunities.
• Manage a portfolio of nationwide sublets and assist in optimising rental income, dispose of surplus accommodation and maintaining relationships with sub-tenants, ensuring they comply with their lease responsibilities.
• Assist in the production of business cases to justify expenditure and upgrades in the sublet portfolio.
• Act as the main contact for our 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.
• Advise the retail and wider property team and internal departments on lease responsibilities including repairs, insurance, user restrictions and alienation clauses.
• Assist the Head of Asset Management 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.

Knowledge & Skills Required:

• Experience in managing commercial property in a national multi site business ideally with acquisition and disposal experience.
• 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

What’s in it for you:

• 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 – we are passionate about nurturing our internal talent, offering career progression supported by our excellent in-house training schemes!
• 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 and support phone line
• Long service rewards

Job Specifics:

• Contract Type: Permanent
• Location: Watford and Hemel Hempstead. Our Head Office is based in Watford, just 20 minutes from London Euston. From Watford Junction, we are a 15-minute walk to our Head Office.

We are proud to offer a new Agile Working Policy for Support Centre colleagues; a blend of office and home working which will include a number of days working at the Majestic Office

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

No Agencies Please – We thank you for your interest in working with Majestic Wine, however, we have a PSL who will be supporting us if needed. We will not pay fees or acknowledge any CV’s supplied to Majestic Wine unless you have been briefed on the role by a member of our Talent Team.