Pre 1950s rides of LFGSS: old bikes, vintage rats, classic lightweights

It'll be lots of work, but for £160 + shipping from Wales, I think it's an amazing deal:

It's a Gillott spear point track frame and forks from 1950, frame number 50152, the 50 denotes the year. It's almost certainly Reynolds 531 (Gillott wouldn't have used anything else) and structurally excellent with no dents or cracks. The lugs are Gillotts own spearpoint design and unique to them. It needs a complete repaint as someone has painted it in a hideous blue; I think originally it was white and red.
It comes with an array of period correct components:
The original headset
A lugged underslung stem
Stratalite pelissier handlebar
Gb coureur brake lever
Gb coureur brakes (you only need the front one)
A very tatty brooks professional saddle.
A magnificent and rare brooks b17 sprinter saddle in really excellent condition like it's never been used.
Three crank sets:
Williams
BSA
Durax (my favourite and looks great on the bike)
A Chater Lea chain ring.
4 wheels 3 of which need work. The nicest is a sturmey archer front hub and wheel in great shape. The rest all have era appropriate British hub company hubs that need love