At B&M, our property portfolio is a key driver of business performance and growth. As an Estates Manager, you will play a critical role in managing and optimising our store estate, ensuring property decisions deliver commercial value while supporting our ambitious expansion plans across the UK.
This is a fast-paced, commercially focused role that sits at the heart of the business, working closely with Property, Operations, Trading and Finance teams. You'll be responsible for managing a diverse retail portfolio, leading lease negotiations, identifying growth opportunities and ensuring the estate continues to deliver maximum value through strong commercial judgement and effective stakeholder management.
Key Responsibilities
- Identify, appraise and secure new store opportunities that support B&M's growth strategy across retail parks, high streets and value-led locations.
- Lead rent reviews, lease renewals and regears, negotiating favourable terms that reduce occupancy costs and improve flexibility.
- Manage a large portfolio of trading stores, ensuring lease compliance, risk mitigation and operational continuity across the estate.
- Prepare robust financial appraisals and business cases for acquisitions, lease events and wider portfolio optimisation initiatives.
- Manage external agents, consultants and legal partners, ensuring transactions are completed efficiently and deliver strong commercial outcomes.
The Ideal Candidate
- MRICS qualified, with significant experience in retail estate management, commercial property or asset management.
- Proven track record operating within a high-volume, deal-driven environment, managing acquisitions, lease events and portfolio activity.
- Strong commercial acumen with excellent negotiation skills and the ability to secure value-enhancing property agreements.
- Pragmatic and delivery-focused, with the ability to make sound decisions quickly and effectively in a fast-paced environment.
- Excellent stakeholder management skills, capable of building strong relationships across internal functions, landlords, agents and professional advisors.
This is an exciting opportunity to join a dynamic retail business where you'll have a direct impact on the performance, growth and optimisation of our property portfolio. You'll play a key role in shaping the future of the B&M estate while helping to deliver continued commercial success and expansion.
Why join us?
We offer a range of fantastic benefits including staff discount at B&M and Heron Foods, access to our colleague portal with additional savings on retail, hospitality, and more.
See the full list of benefits here: https://careers.bmstores.co.uk/our-bm-benefits
If you're ready for a new challenge in a growing, ambitious business, apply online today!
B&M Retail is an equal opportunity employer. We’re committed to creating a diverse and inclusive workplace for all colleagues.
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