To manage and deliver comprehensive property management services to the Commercial Assets portfolio. The Commercial Assets portfolio comprises 300 commercially leased sites and properties, with an annual rental income of £7.5 million.
Key responsibilities and accountabilities:
• Provide professional advice and asset management across a commercial property portfolio comprising retail, office, commercial and industrial assets.
• Undertake property valuations in accordance with statutory requirements, CIPFA guidance and RICS Professional Standards, ensuring compliance with the Standing Orders, Financial Regulations, Codes of Practice and departmental procedures.
• Manage the letting, renewal and ongoing administration of commercial leases.
• Undertake rent review valuations, analyse market evidence and negotiate and conclude rent reviews. Prepare and present cases for third-party determination by Independent Experts or Arbitrators in relation to rent reviews and lease renewals.
• Provide property and development advice through multi-disciplinary project teams covering buildings and land, supporting the delivery of the Property Services Business Plan, Asset Management Plan and Capital Programme.
• Identify and maximise opportunities to improve the effectiveness and efficiency of the property portfolio, including negotiating the disposal of land and property interests (freehold and leasehold) through private treaty and tender processes.
• Negotiate easements, wayleaves, licences and rights of way affecting land and property.
• Support the management of the operational property portfolio, including the grant of leases and licences and the provision of strategic property advice to service clients on the effective use of assets
Salary description
£350.00 - £351.00 per day