I was researching yesterday on a new Hybrid bike within £250 range and I found this little beauty!
Last years price was £342.50 and now most places like Evanscycle and Dales sells it for £299. The next cheapest I found was £280 so this is a bargain.
Edinburghbicycle sells the Expedition Sport model which is one model down for £264 although you can get the Sport from Evans for £199, I think getting an Elite for the same price is a great deal.
Please read the spec as you are getting alot for under £200!!