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A County Durham farm is set to be converted into a “best practice” forest following a deal aided by a finance package from Virgin Money.

Virgin Money has helped Herefordshire based forestry enterprise and woodland consultancy Pryor & Rickett Silviculture to buy Edder Acres, a 180-acre green-belt farm near Shotton Colliery. The farm had been on the market with an £850,000 price tag with Young RPS, together with a three-bedroom farmhouse and 12 outbuildings.

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