The Beasty looks so poor built up. Probably the owner saw a nice frame, but ran out of money with building. Do not think the brakes do work properly in their current setup. The seat probably provides as much suspension as the suspension itself. The owner has good taste in garden furniture though, it is exactly like mine.
, I can see what you mean, the frame on that beasty looks like it does deserve a nicer groupset than an LX, to be honest the groupset looks like its all come off a raleigh summit, even the forks look like the RS2 badged versions raleigh bought up for their mid range models, probably a guess that those rims are rigida
If I took that bike on it would probably go well with XT or something better and stick some marzocchis up front. then stick the LX on a work-horse .
Stabled = 91 Browning Test unit - kestrel MXZ Black - 87 Chas Roberts Snow Leopard - 88 Overbury's pioneer - Dave Yates Diabolo - Proflex RF-1 team replica - Mk1 Thorn Nomad - Dave hinde disc - frontiera 531 - Serotta Proflex