Minerals lease agreement – Portland Easton, Portland
Underground
Client
The Churches Conservation Trust
Sector
Infrastructures
Location
Easton, Portland
Statistics
Modern day deposits of Portland stone were formed 150 million years ago at the base of a warm, sub-tropical sea
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Get in touch
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Sam Shaikh
Associate, Minerals & Waste Management
029 2060 7588 Email me About Sam
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Sam is a Chartered Mineral & Waste Surveyor and delivers strategic property and estates advice to mineral and waste operators, local authorities and other stakeholders throughout the UK.Sam is a RICS Registered Valuer and provides valuation advice to existing clients for use in financial statements or for IHT and CGT planning purposes. Sam also advises on non-domestic rating, compulsory purchase and compensation.Sam also features on UK wide valuation panels and provides secured lending advice to banks and other lenders. He is also able to assist in Agency instructions in the disposal or acquisition of minerals and waste assets.Sam also has experience in environmental compliance, monitoring and reporting.

Portland freestone has been worked on the Isle of Portland for nearly 1,000 years; having been used in the construction of national landmarks such as Westminster Abbey and St Paul’s Cathedral.

Recent years have seen a transition from open quarrying to underground mining via Jordans and Bowers mine.

Given the significant reserves remaining on the island, Albion Stone PLC sought to expand their operations by linking the existing mines via a roadway and extracting mineral lying beneath St. George’s Churchyard.

Conscious of the architectural and historical sensitivities the Churches Conservation Trust, in who the church and extensive churchyard are vested,  instructed Carter Jonas’ to enter into negotiations with the operator on their behalf; culminating in a mutually beneficial mineral leasing agreement which ensures the integrity of this Grade I listed Georgian landmark.

Following commencement of working, Carter Jonas were retained by the Trust to provide annual site inspections and ongoing advice with respect to planning, lease compliance and rent reviews.