Senior Estates Manager
CV-LibraryKirby Muxloe, LeicestershirepermanentPosted: 31 May 2026
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Poundstretcher is one of the UK’s leading discount retailers with a network of over 300 stores.
About the Role
We are seeking a commercially driven Senior Estates Manager to take ownership of our circa 300-store UK and NI retail estate within a fast-paced discount retail environment.
This is a pivotal role focused on reducing occupancy costs, maximising lease flexibility, and ensuring our estate supports a high-performing, cost-efficient trading model. You will lead all lease-related activity and play a key role in shaping the long-term profitability and resilience of the portfolio.
Key Responsibilities
Lease Event Management & Value Optimisation
* Lead all lease events across the estate including rent reviews, renewals, break options, regears, and expiries.
* Maintain a proactive lease events pipeline to protect value and maximise flexibility.
* Negotiate rent reductions, turnover-based rent structures, and improved lease terms aligned to the business model.
* Challenge service charges and non-recoverable costs to drive efficiency.
* Manage landlord relationships while maintaining a strong commercial stance on cost control.
* Lead escalated lease disputes in collaboration with legal advisors where required.
Portfolio Performance & Strategy
* Partner with Maintenance and Operations teams to assess store performance and inform property decisions.
* Support strategic initiatives including store closures, relocations, downsizing, and new openings based on profitability.
Financial Oversight
* Own and maintain the rent roll, ensuring accuracy and alignment with budgets.
* Deliver measurable savings against occupancy cost targets.
* Support budgeting, forecasting, and reporting with clear insight into estate liabilities and opportunities.
Data, Systems & Compliance
* Ensure full integrity of lease data across property management systems.
* Track all critical lease events and deadlines to mitigate risk and avoid missed opportunities.
* Oversee dilapidations strategy to minimise exit costs.
Qualifications
* Degree in Real Estate, Property Management, or equivalent experience.
* MRICS qualified (preferred but not essential).
Experience
* Proven experience managing large retail estates (discount retail, grocery, or high-volume retail preferred).
* Strong track record of delivering rent reductions and favourable lease negotiations.
* Experience operating in a commercially driven, cost-sensitive environment.
Key Skills & Competencies
* Expert understanding of Landlord & Tenant legislation.
* Strong commercial acumen with a focus on cost control and value creation.
* Confident negotiator with resilience and commercial toughness.
* Ability to manage a large, complex, and fast-moving portfolio.
* Detail-focused with strong financial and analytical capability.
* Pragmatic, solution-oriented approach to problem solving.
Why Join Us
At Poundstretcher, you’ll play a critical role in shaping a large UK retail estate and directly influencing business performance. This is an opportunity to drive real commercial impact in a dynamic, fast-paced value retail environment
Poundstretcher is one of the UK’s leading discount retailers with a network of over 300 stores.
About the Role
We are seeking a commercially driven Senior Estates Manager to take ownership of our circa 300-store UK and NI retail estate within a fast-paced discount retail environment.
This is a pivotal role focused on reducing occupancy costs, maximising lease flexibility, and ensuring our estate supports a high-performing, cost-efficient trading model. You will lead all lease-related activity and play a key role in shaping the long-term profitability and resilience of the portfolio.
Key Responsibilities
Lease Event Management & Value Optimisation
* Lead all lease events across the estate including rent reviews, renewals, break options, regears, and expiries.
* Maintain a proactive lease events pipeline to protect value and maximise flexibility.
* Negotiate rent reductions, turnover-based rent structures, and improved lease terms aligned to the business model.
* Challenge service charges and non-recoverable costs to drive efficiency.
* Manage landlord relationships while maintaining a strong commercial stance on cost control.
* Lead escalated lease disputes in collaboration with legal advisors where required.
Portfolio Performance & Strategy
* Partner with Maintenance and Operations teams to assess store performance and inform property decisions.
* Support strategic initiatives including store closures, relocations, downsizing, and new openings based on profitability.
Financial Oversight
* Own and maintain the rent roll, ensuring accuracy and alignment with budgets.
* Deliver measurable savings against occupancy cost targets.
* Support budgeting, forecasting, and reporting with clear insight into estate liabilities and opportunities.
Data, Systems & Compliance
* Ensure full integrity of lease data across property management systems.
* Track all critical lease events and deadlines to mitigate risk and avoid missed opportunities.
* Oversee dilapidations strategy to minimise exit costs.
Qualifications
* Degree in Real Estate, Property Management, or equivalent experience.
* MRICS qualified (preferred but not essential).
Experience
* Proven experience managing large retail estates (discount retail, grocery, or high-volume retail preferred).
* Strong track record of delivering rent reductions and favourable lease negotiations.
* Experience operating in a commercially driven, cost-sensitive environment.
Key Skills & Competencies
* Expert understanding of Landlord & Tenant legislation.
* Strong commercial acumen with a focus on cost control and value creation.
* Confident negotiator with resilience and commercial toughness.
* Ability to manage a large, complex, and fast-moving portfolio.
* Detail-focused with strong financial and analytical capability.
* Pragmatic, solution-oriented approach to problem solving.
Why Join Us
At Poundstretcher, you’ll play a critical role in shaping a large UK retail estate and directly influencing business performance. This is an opportunity to drive real commercial impact in a dynamic, fast-paced value retail environment