I'm new to Retro as I've just bought an old Peugeot 5 speed, steel framed bike as a runaround. I want to renovate it a bit. The derailleur (Simplex) still works, as do the brakes, though the brake pads are perished. I've replaced the perished tyres. There's some rust on the steel, most of which looks like it will come off with some sanding. The frame also has some rust - I don't want to respray it as I love the colour so will try to sand, treat and paint each spot!
My question is, what tools do I need to do the basic work? So far I have very little:
Multi tool with Allen keys
Cassette cleaning brush
A couple of screwdrivers
Chain cleaner and lube
I'm guessing I'll also need:
What else? Is it worth getting tools to remove the pedals and cranks to regrease the BB bearings? Servicing bikes is very expensive here but I don't want to spend money on something I'll only use a couple of times. I also have the mechanical skills of a pot plant.
Recommendations of particular tools/brands greatly appreciated. Is there a basic starter kit available?
Also, the pedals are knackered and the cranks are very rusted so I'll want to replace them, together with the plastic coated brake and gear cables. Can anyone recommend a good place to look, other than on here!?