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@provenrad
BIG framed road bike (unless those are 26" wheels!) in need of some tlc - conversion anyone?
[EDIT] - actually it looks a bit more like touring bike geometry.? That agrees with the other Nigel Dean bikes I've googled up]
Not sure of the frame materials etc, but IF it did cost £700 a few years ago as the seller has stated - cant be bad for £60 quid?
http://www.gumtree.com/london/99/12789699.html