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Convert data with a formula

I have a column of data that is mixed. Some of the data is entered with a < symbol. Like <0.25

I have tried an IF to no avail (I am sure it is dumb user error). Anyway, all I want the formula to do is look at the cell and if it contains any entry that has a "<" symbol with a number to convert it to a number that would be just under the number stated. SO if it says <0.25 to convert it to 0.249. I hopes this makes sense. I have over 2000 rows of data entered like this.

Thanks in advance.
 
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