Head of Acquisitions

Remote: 
Full Remote
Contract: 
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Offer summary

Qualifications:

15+ years in asset management with strong experience in acquisitions, MRICs or equivalent qualification, Sound knowledge of the UK property market, particularly in retail or hospitality, Excellent negotiating skills and strong commercial acumen..

Key responsibilities:

  • Head a small property estate team to identify and acquire restaurant sites
  • Manage the property portfolio of approximately 500 restaurants
  • Negotiate with landlords and developers to maximize opportunities for Nando’s
  • Produce feasibility reports and handle legal requirements for site acquisitions.

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Nando's UK & IRE
10001 Employees
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Job description

Salary up to: Competitive

Nando’s is on a journey of Changing Lives Together, creating lasting happiness for our people, our customers, and the communities we work in. Originally started in Johannesburg, South Africa, we pride ourselves on creating memorable experiences for everyone involved in Nando’s: from our employees, communities, founders, and suppliers, but most importantly, our customers. 

 

Overall ambition of the role: 

To head up a small property estate team, identifying and acquiring restaurant sites, to influence the growth of the business, estate management with lease, rent review and service charge accountability. To be responsible for leasing, appraising prospective property and locations, producing reports and recommendations. To implement and contribute to a 5-year plan of expansion of 20 new openings per year. 

 

Key Responsibilities & Expectations:  

  • Be accountable for the property portfolio – c500 restaurants currently 

  • Evolve strategic three year plan for locational pipeline, review to allow for significant changes and market shifts 

  • Use knowledge of financial metrics of a Nando’s restaurant in appraisal 

  • Work with a broad base of local or national agents, maintain strong relationships to secure the best site

  • Undertake negotiations with the Landlord/Developer and maximise opportunity for a Nando’s specification

  • Create and develop a site opening programme for Regional Director areas 

  • Acquire sites, from identifying sites, preparing feasibility reports, and handling legal and planning requirements through to handover to design/pm team 

  • Managing the legal/developer solicitor process through to exchange of contracts

  • Engage Landlords in Nando’s Sustainability objectives 

  • Build relationships with property professionals in similar and complimentary businesses 

  • To promote best practice within the Property function and constantly look to improve processes and procedures 

  • Support the PM team where estate management is required for licence for alterations, negotiations with adjacent tenants, party wall agreements and in any way to keep restaurants in a good state of repair 

  • To actively demonstrate and encourage the Nando’s values of Pride, Passion, Courage, Integrity and Family spirit in all that you 

 

Hot skills required:

  • 15+ years in asset management, with very strong experience and love for acquisitions, doing a great deal resulting in profitable trading outcomes 

  • MRICs or equivalent qualification 

  • Sound knowledge of property market in the UK, retail or hospitality

  • Experience in strategy and planning for the Estate 

  • A good understanding of real estate law

  • Strong commercial acumen and understanding, naturally curious nature and desire to problem solve 

  • Excellent negotiating and influencing skills

  • Naturally calm under pressure, able to distinguish the critical from the chaos 

  • Excellent decision making with sound judgement

  • Extremely agile and able to manage own time and operate without close supervision 

Extra Hot benefits:

  • Company bonus
  • 25 days holiday + bank holidays
  • Free Nando's when you're working (and 40% discount when you're not)
  • Annual team trips, AKA a free holiday
  • Reward Gateway membership and access to great discounts
  • Four-week sabbatical every five years you've been with us
  • Private healthcare

#LI-DNI

Required profile

Experience

Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Negotiation
  • Strategic Planning
  • Decision Making
  • Business Acumen
  • Time Management
  • Influencing Skills
  • Problem Solving
  • Social Skills
  • Teamwork

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