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Genesis Borough, unless you need drop bar?
low end Shimano kit are fine, reliable too, (especially 8 speed), it's the ultra low end one that to be avoided (7 speed screw on freewheel kind).
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I managed to build up what your describing with 10 speed and 35c tyres for about £400 with a bit of patience and bargain hunting on here. Good luck!
Although frame size was 56cm...... so maybe ignore above.
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Go fixed.
Little road and track frames can turn into the bike you want, with 650b wheels, p-clips and long-drop brakes.
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Rigid mtb frames can be had cheap as chips and 26" wheels are ok for touring.
edscoble
Berrow
miro_o
bluebikerider
@moog
Dear FBNPNAP,
You've got £600 - £700 to spend on a commuter/light tourer/do everything bike. Needs mounts for mudguards, at least a rear rack (front would be a bonus), 30mm tyres would be nice but 28mm would suffice, needs to come in a small/50cm frame size.
2nd hand options seem very limited due to the frame size.
Any ideas? I've no experience with the low end Shimano groups on a lot of what I've been looking at, is it total shit?