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Final sale nears at residential site

12/02/07

AN award-winning Wigan-based developer is close to selling the final property at its prestigious residential development at Roebuck Farm near Preston.

RuralFX, run by husband and wife team Chris and Susan Leigh, acquired two sites, including its Whittingham Lane development near Goosnargh, with £1.6 million backing from Yorkshire Bank's Financial Solutions Centre (FSC) in Blackburn.

The company has already sold two of the three converted barns at the 18th century Roebuck Farm and the final property has received a huge amount of interest from potential buyers.

Since the company formed in 1998 it has redeveloped three sites across the North West, Arley Farm in Haigh, near Wigan, and Pheasants Farm in Dalton, which have all been sold, and Roebuck Farm in Goosnargh.

The company recently appeared on Channel 4's Relocation Relocation, programme when co-presenters Kirstie Allsopp and Phil Spencer lined up Pheasants Farm in Dalton as a potential property. During the show the couple, who were relocating from London, chose RuralFX's Hunter's House at the Pheasants Farm site out of all the five properties they were shown.

Chris Leigh, a RuralFX director, said: "There has been a great deal of interest in RuralFX and our properties, especially after appearing on Relocation Relocation and I'm sure the sale of our last remaining property at Roebuck Farm will come sooner rather than later.

"Yorkshire Bank gave us the vital funding to expand our land bank while we were still working on our Pheasants Farm development, and we are now in the position to look for new sites to develop across the North West."

The company, which operates within a 30 mile radius of Wigan, specialises in sympathetically redeveloping old buildings, including farms, small mills and large houses with land, and is looking to buy new sites either with or without planning permission.

Jason Bateman, from Yorkshire Bank, added: "Yorkshire Bank stepped in to support Susan and Chris when other banks turned down their request for funding. RuralFX is a sound business which has redeveloped three sites and produced fantastic properties maintaining the character and heritage of the buildings while creating modern, high quality, functional homes."

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