The seat and stem are in good condition, however the seat post is stuck in its current position, we have not tried to force it free and have left this as the seat is at a comfortable height
Isn't your saddle a bit low mate?
Nah, comfortable height ennit
http://www.ebay.co.uk/itm/Vintage-Peugeot-Road-Bike-Shimano-Michie-/322200451543?hash=item4b04a4b9d7:g:E1YAAOSwWfFXkVa4
not the bike, quite like those peugeots, but the description is anti to the max
"The new owner will be disappointed with the quality and ridage of this bike."