Not much in the way of restoration needed. Just a good clean and service by the look of it.If anyone else fancies a similar project and are not too far from Norfolk this '79 Mercian is a bargain at £165. Looks to be in reasonable condition too;
https://www.gumtree.com/p/for-sale/1979-mercian-touring-road-bike-reynolds-steel/1348617106
. I also saw the coke (the drink although it could give the energy needed for rubbing) method but as evapo-rust is quite cheap anyway this is the way I have gone.