Senior Estates Surveyor
Ipswich
Borough Council
View opportunityWelcome
I’m delighted that you’re interested in our Property Directorate vacancy. This is an exciting and challenging role in a supportive and collegiate environment. We have plenty of ambition for our commercial and residential property activities and are looking for people that share our passion, commitment and ambition.
This varied and exciting role will focus on Ipswich Borough Council’s diverse and varied property portfolio. The post holder, working with the Operations Manager for Property Services, will lead on all commercial property matters for the council including implementing and providing advice on lettings, lease renewals, rent reviews and professional advice to the Council. The successful candidate may also have the opportunity to manage an external valuations service and to provide valuation advice on Housing matters such as Residential Buy Backs.
It is an exciting time to be joining Ipswich Borough Council. The Borough has a diverse portfolio which includes the usual property types such as Offices, Industrial and Retail assets, but also some unique assets such as Churches, Marinas, Farm land and a Football Ground. The Borough with its partners has recently secured £25 million of grant funding by way of the Towns Fund and there are some exciting projects to become involved with.
Being a team player is central to our plans to progress and develop the Borough’s Property Portfolio. You’ll be an ambitious property professional with an eye for detail, flexible and with good people skills. This role will enable the selected candidate to make a real difference to the Borough of Ipswich and shine in a small, ambitious, high performing team.
Our culture is one of innovation, problem solving and team work. We’re growing and delivering success, and I am proud of what we’ve achieved so far. If you think this role might be right for you, do talk to John Martin at Hays Property & Surveying to find out more.
Good luck in your application
Stuart McDonald
Head of Property / Operations Manager Property Services
Introduction
To Ipswich Borough Council’s asset management strategy
Ipswich Borough Council owns a large and varied Property Portfolio, which has an important role to play in the Council’s strategic ambitions.
The current portfolio comprises a wide range of property types including commercial, office, parks, light industrial, retail properties, agricultural, woodland, churches, community land, riverside, riverbed, footpaths and pieces of ancillary land. These include both freehold and leasehold tenures.
Property assets are managed both individually and as an entire portfolio. The purpose being to explore opportunities for regeneration and public benefit as well as maximising income and to generate capital values. At all times, Asset Management is in accordance with the requirement to achieve best consideration.
The portfolio needs to be fully interrogated with an ongoing review of assets to ensure the portfolio is managed efficiently and effectively.
An effective Asset Management Strategy will aid the Council’s Corporate objectives to maximise income, reduce costs, generate capital receipts by optimising opportunities and accurately plan future income and expenditure streams.
The Estate also plays a valuable role in enabling the Council to meet its Corporate objectives to support the voluntary sector. There are many examples of this within the portfolio which provide social benefit to residents.
A key aspect is to ensure that assets remain ‘fit for purpose’ and are kept in suitable standards of repair. The Council owns several heritage assets and iconic buildings, examples of which can be found in this report. Keeping these in repair will benefit current and future generations. Keeping units in repair will include ensuring tenants are complying with the conditions within their tenancy agreements, as well as proactive planned maintenance over the next 5 years.
Property Services will work closely with relevant service areas, including Major Capital Schemes, Planning, Building Control and Housing, together with the Corporate Management Team in order to deliver maximum returns from the Council’s asset portfolio.
Focus within the Asset Management Strategy will be directed towards priority areas, and performance will be targeted and monitored to achieve results. This is already evidenced by the regeneration initiatives underway in Ipswich.
Asset management strategy summary
Ipswich Borough Council’s Asset Management Strategy sets out the framework for how the Property Services Team will approach short, medium and long-term decisions about the management of the Estate. The Strategy will provide a reference point and provide the underlying principles to the vision of the Strategy:
‘Optimisation of Council Assets to secure income and identify potential growth prospects.’
The strategy is built around five aims and 10 delivery objectives, each of equal importance.
- To optimise income and value being obtained from assets.
- Explore opportunities for growth and ensure these are realised.
- Make best use of assets to deliver the Council’s objectives.
- Improve the quality and life cycle of the estate through proactive repair.
- Provide a proactive property management service.
- Proactively manage and implement Lease Renewals and Rent Reviews to secure additional income (subject to market conditions).
- Secure new lettings to generate income and encourage new investment in the Borough.
- Complete categorisation of Portfolio to aid investment decision making process.
- Ensure standards of compliance are implemented and adhered to by both Landlord and Tenant. By example this will include Asbestos, Fire, Electrical and Gas Safety, as well as others.
- Fully implement repair obligations to tenants and progress planned maintenance schedule for assets within the estate to ensure longevity of asset life cycle.
- Implement and operate and maintain a first-class property management database to aid proactive property management service and increase reliability of data.
- Ensure compliance with statutory environmental legislation and improved energy efficiency of assets.
- Explore opportunities for acquisition, development and growth within the portfolio to assist with Council priorities and attracting new investment for the Borough.
- Recycle assets that no longer meet the objectives of the Council.
- Assist Multi Agency Groups with Property Services expertise to facilitate and open growth and/or investment opportunities.
Key Facts
Total number of properties in the Portfolio
Total Capital Value of Assets as at YE 2019
Total rental income per annum as at YE 2019
Key regeneration projects identified
About us
Ipswich is one of England's fastest growing and diverse regional centres and offers a fantastic opportunity to live and work in one of the most exciting places in the country.
It has a rich history and heritage, a Waterfront offering a new university and café culture, a wide range of arts festivals, events and cultural facilities, a strong IT and financial sector, a growing port, beautiful parks, good schools and a town that is surrounded by unspoilt countryside and close to the Suffolk coast.
Ipswich Borough Council has an ambitious Corporate Plan, Building a Better Ipswich, and works collaboratively with partners to deliver the "Ipswich Vision".
A forward-thinking approach at the Borough Council is enabling us to fulfil our potential. We are innovative and commercially focused, with a group of trading companies helping us to deliver our medium-term financial plan, new homes and a stronger commercial property portfolio.
We provide a wide range of good quality services to around 60,000 households, more than 147,000 residents and a travel to work population of almost 300,000.
The Council and its companies offer a great quality of life, exciting careers, plenty of development and an opportunity to shape the future.
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