Job Description
As GAIL's grows the Head of Acquisitions will be key to finding new neighbourhoods for GAIL's to open in. This role will lead the strategic expansion of our retail bakeries by sourcing and securing optimal locations nationwide. This role requires balancing developing and implementing strategic acquisition initiatives, the effective management of our external real estate agents and process and project management. The successful candidate should possess strong analytical skills, robust industry knowledge, national experience and the ability to negotiate favourable terms.
ABOUT THE ROLE:
Strategic Planning
o Develop and implement a comprehensive expansion strategy in alignment with the company's growth objectives.eg new regions and formats
o Collaborate with senior leadership to identify high-priority markets and regions.
o Analyse current bakery and new opening performance and refine strategy to maximise returns
Internal Procedures
o Prepare accurate investment appraisal documentation for approval
o Prepare information packs and lead discussion at Property Board
o Manage approval process and follow up next steps
Location Sourcing
o Pipeline creation to meet annual opening targets
o Identify and evaluate potential sites for new bakery locations through market research and extensive field assessments.
o Utilise demographic, economic, and competitive data to inform decision-making.
o Identify new market opportunities
Negotiation & Acquisition
o Negotiate lease terms and purchase agreements to secure favourable conditions for the company.
o Develop and manage new and existing relationships with property owners, landlords, and brokers.
Management of External Agents
o Oversee and coordinate activities of external real estate agents to maximise efficiency and results.
o Provide guidance and support to external agents to ensure alignment with company objectives.
Due Diligence
o Conduct comprehensive due diligence including site visits, planning reviews, and financial analysis.
o Ensure compliance with all legal, regulatory, and planning requirements.
Budget Management
o Manage budgets for site acquisitions, including forecasting and tracking expenditures.
o Optimise cost efficiencies while ensuring strategic goals are met.
Cross-Functional Collaboration
o Work closely with internal teams, including Property, Finance, Production and Marketing, to ensure seamless integration of new locations.
o Provide regular status updates and reports to stakeholders.
Continuous Improvement
o Stay abreast of industry trends, market dynamics, and competitor activities.
o Identify opportunities for process improvements and innovative approaches to site acquisition.
ARE YOU THE MISSING INGREDIENT
- Bachelor's degree in Real Estate, Business Administration, or a related field
- 3-5 years of experience in retail site acquisition or a related field.
- Proven track record of successful negotiations and site acquisitions.
- Strong analytical skills with the ability to interpret complex market data.
- Excellent communication, negotiation, and interpersonal skills.
- Ability to travel extensively and manage a flexible work schedule.
- Proficiency in real estate software and tools.
BENEFITS BAKED IN
- Free food and drink when working
- 50% off food and drink when not working
- 33 days holiday
- Pension Scheme
- Discounts and Savings from high-street retailers and restaurants
- 24 hour GP service
- Cycle to work scheme
- Twice yearly pay review
- Development programmes for you to RISE with GAIL's
