Well worth restoring, and a great find with all its original parts. Frame is butted 531 and the lugs are Nervex Professional, so it's a quality hand-built machine, probably from the mid to late 1950s judging by the equipment.
Chater Lea cranks, Airlite hubs, Campag Gran Sport rear mech, Brooks saddle, Mafac brakes and GB bars and stem - it's all top drawer componentry for the period.
Should be a very rewarding restoration project, but it might be worth preserving the frame instead of having it repainted. With T-cut and polish, it may well scrub up quite well.
Chater Lea cranks, Airlite hubs, Campag Gran Sport rear mech, Brooks saddle, Mafac brakes and GB bars and stem - it's all top drawer componentry for the period.
Should be a very rewarding restoration project, but it might be worth preserving the frame instead of having it repainted. With T-cut and polish, it may well scrub up quite well.