Cleaned the 5 speed freewheel & then the hub, fresh grease to the bearings & reset the preload - cup & cone meant 3rd time happy.
Added a washer to the axle as it was approx 118mm - now as the 120mm dropouts intended.
Quite a rare hub: stamped 9/77 - Sunshine Professional. Was NOS, spins beautifully and built up well with ACI Alpina spokes & the Kinlin MLD. (At the time, I had to move the axle across as the hub was set for single speed.)
Cleaned the drive train, polished the frame. All ok.
Have also been working on an old egg beater drill - simple tear down & back together again. A Metabo 0129 - even the washer reads 'Made in Western Germany.'