Commercial Property Manager

Overview of Responsibilities

About us  

Fusion, the process that powers the sun and stars, is one of the most promising options for generating the cleaner, carbon-free energy that our world badly needs. UKAEA leads the way in realizing fusion energy, partnering with industry and research organisations to achieve ground-breaking advancements. Our goal is to bring fusion electricity to the grid by developing the power stations of tomorrow and the skilled workforce to deliver them.  

About the job

Join UKAEA as a Commercial Property Manager and help manage and develop our commercial property portfolio across the UK. You will maximise rental income, attract new occupiers and ensure our estate is managed efficiently and in line with legislation and professional standards. Working with tenants, colleagues and external advisers, you will identify new commercial opportunities while managing existing and historic property matters.

What You’ll be Doing

• Manage UKAEA’s commercial property portfolio in line with its Asset Management Strategy and business objectives.
• Deliver portfolio growth and increase net operating income.
• Ensure compliance with relevant legislation, RICS standards and the RICS Service Charge Code.
• Develop and implement processes and policies to improve the effectiveness of the commercial property service.
• Manage external solicitors and chartered surveyors on property matters and annual investment valuations.
• Oversee lease events, including expiries, renewals, re-gears, rent reviews and dilapidations.
• Lead lease negotiations and ensure agreements meet legislative requirements and UKAEA’s commercial objectives.
• Build strong relationships with tenants, identify growth opportunities and promote available space.
• Manage legal matters involving property titles, rights, easements, neighbouring landowners and UKAEA’s historic estate.
• Work with Finance to manage lease obligations, rental income, business rates and the recovery of tenant debt.
• Maintain accurate lease and tenant records, produce reports and ensure key milestones and property inspections are completed.

What You’ll Bring

• A relevant degree in real estate accredited by the Royal Institution of Chartered Surveyors.
• Significant experience of commercial property management.
• Comprehensive knowledge of landlord and tenant law, property valuation techniques and relevant RICS standards.
• Strong knowledge and practical application of the RICS Service Charge Code.
• Experience of resolving complex land and property-related legal matters.
• Excellent commercial, negotiation and relationship-management skills, with the ability to work independently and collaboratively with a wide range of stakeholders.

UKAEA is an onsite organisation, and this role requires regular onsite presence (usually between 3-5 days in any given week) in line with business needs. We actively support flexible working arrangements where this is compatible with the role.

Benefits 

We have a generous range of benefits (see the full list here) and highlights include:   

• A salary of £51317
• Up to 7% corporate performance bonus 
• Final salary defined benefits pension scheme with an equivalent of 21.5% employer pension contribution  
• 25 days annual leave plus 2.5 privilege days; 8 Bank Holidays
• 3 days of site closure over Christmas break  
• Flexible working options plus family-friendly leave provisions  

Our commitment to ED&I 

UKAEA’s mission is clean energy for all, and we welcome talented people from all backgrounds to help us achieve this goal. We are committed to equality, diversity, inclusion and accessibility, and strive to ensure fair representation across our workforce. 

Please email talent@ukaea.uk if you have any questions or require adjustments to help you participate fairly in our recruitment process, for example changes to the way we interview or share information. As a Disability Confident Employer, we are committed to providing an inclusive and accessible recruitment experience for all candidates. 

We particularly encourage applications from groups currently underrepresented in STEM, including women and people from diverse ethnic backgrounds. All appointments are made on merit and further information can be found here.