Tesco
Large Stores Acquisition Manager
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About the role
At Tesco, our Property team plays a vital role in helping us serve customers and communities across the UK. As an Acquisition Manager within our Large Stores team, you'll be responsible for identifying and securing new store opportunities that support our long-term growth ambitions.
You'll deliver a strong pipeline of development opportunities, ensuring the right store format is acquired in the right location to support our strategic objectives. Working closely with internal stakeholders and external partners, you'll lead the acquisition process from site identification through to business approval, planning and delivery.
This is an exciting opportunity to shape Tesco's future store estate while making a real difference to the communities we serve.
You will be responsible for
- Developing and maintaining a strong pipeline of large store acquisition opportunities across your region.
- Identifying, appraising and negotiating new site acquisitions, working collaboratively with internal property, planning and development teams to deliver the best possible outcomes.
- Monitoring local market conditions, retail trends and competitor activity, providing regular market intelligence and recommendations.
- Recording and reporting the progress of acquisition opportunities, providing clear updates on pipeline activity and performance.
- Building and maintaining strong relationships with landowners, agents, developers, consultants and key external stakeholders.
- Progressing business cases for new acquisitions, balancing quality, value and strategic fit while delivering against key business objectives.
- Leading planning applications for approved sites, ensuring effective management of public relations and community engagement.
- Negotiating commercially robust and flexible agreements that minimise business risk while delivering sites on time and within budget.
- Managing budgets effectively and ensuring capital is invested responsibly and efficiently.
- Developing and supporting a high-performing culture, helping colleagues reach their full potential.
- Championing Health & Safety, promoting best practice and contributing to a positive safety culture across the team.
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You will need
- Proven experience within property acquisition, development or commercial property.
- A strong understanding of commercial property sales, lettings and site finding.
- Knowledge of the UK retail property market and emerging market trends.
- Experience negotiating complex property transactions and land agreements.
- Strong commercial awareness with the ability to assess opportunities and make sound investment recommendations.
- Excellent stakeholder management and relationship-building skills.
- Experience working across multidisciplinary teams to deliver successful property projects.
- A property-related degree or relevant professional qualification (desirable).
- A full UK driving licence and willingness to travel as required.
Whats in it for you?
We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!
- Annual bonus scheme of up to 20% of base salary.
- Holiday starting at 25 days plus a personal day (plus Bank holidays).
- Private medical insurance.
- 26 weeks maternity and adoption leave (12 months service required at the qualifying date) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave.
- Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing.
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The above information is a shortened summary, refer to our policies for full details
About Us
You might know us as a supermarket, technology company or even for our award-winning mobile network. Truth is, we’re all of those things, and much more. Our colleagues work with one goal in mind, helping to make every day a little better for our customers, colleagues and communities all over the world. No two customers are the same, neither are our colleagues.
At Tesco, we champion a balance that lets you thrive both in and out of work. Spend 60% of your week collaborating with colleagues at our office locations or local sites and the rest remotely. Whether you're just kicking off your career, juggling passions, or navigating big life events, we're here to support you. We always welcome a conversation about flexible working, so talk to us throughout your application about how we can support.
We're proud to be an accredited Disability Confident Leader, where everyone’s welcome. That’s why we commit to providing a fully inclusive and accessible recruitment process. If you need support with your application, click here for more information. And if you're interested in joining our team but don't tick every box, don't let that hold you back from applying.
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