News

The Poldark Effect

While some of us in the office have been a little distracted by Ross Poldark’s talent for shirtless scything the popular TV drama has also centered on a story around Cornwall’s mining heritage.

For many centuries metalliferous mining was a widespread industry in the southwest that has left a legacy of hidden shafts and workings that present a risk of subsidence. In addition, heavy metals such as arsenic within soils of Cornwall & Devon can be naturally elevated or concentrated by past mining.

A mining search and if required further mining investigations are an important stage of due diligence when acquiring or developing a property in Cornwall. The cost of remediating historic mining features and contaminated soil can significantly increase the costs of a development and even render a project unviable.

Stratton Creber Commercial is a leading provider of valuation advice in Cornwall and as part of this service always recommends a mining search be commissioned if the property is located in an area affected by mining in order to protect our clients’ interests.

If a mine shaft opened up in your back garden you would be right to think “t’aint right, t’aint fair, t’aint fit, t’aint proper” so avoid exposing yourself to this risk by getting professional advice at an early stage.

 

Beth Stubbs BSc (Hons) MRICS

RICS Registered Valuer