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@edscoble
'fitted' being the key word, they basically just choose the right size frame for his height, adjust the stem and saddle, and then bob's your uncle.
in all honestly, £500 is quite a lots of money to spend on this frame, it would be much cheaper to buy another old 70's road bike and swap the part over (like £30-60 top) if you're really keen on keeping the Dawes.