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@RJBHurst
I've got one. Reckon its been in a crash in the past though, there is a bulge on the downtube, so up to you how much you'd want to trust the frame... Sure it'll be fine though. Everything's always fine, right?
You can have it for £60 (£80 on Gumtree) as there are some nice-ish parts on it and, as mentioned, there's the whole crash thing.
http://www.gumtree.com/p/for-sale/falcon-single-speed-conversion--54cm/111305443