Thanks very much for the input on this , good advice about the rusting , I did a quick check over the frame, and from what I could to see there were no sort of holes or dents , although I didn't see anything too serious, I did notice there was some rust issues around the bottom bracket area, hope that does not turn out too be bad.
I only noticed the bike as I saw the back part sticking out and the brakes looked different to anything I'd seen , so I took a closer look and started to see what other bits it had on as I've been looking for some parts for my moo moo
viewtopic.php?f=6&t=267359&hilit=univega
So I'm thinking if the bike is rusted through it will be good for parts if nothing else, I'm quite excited at the prospect of it being a good quality steel frame and even better if it is a serotta , as I've been looking at some of the ones on here and .. wow seriously cool
Little concerned with the possible ride characteristics of the bike though, ..although on the plus side someone on here or ebay may benefit if I don't like it.
Either way I think I'm going to go for it , although I'm really broke for a few weeks, fortunately the mrs is ahem.. loaning me the money
(I can see this is going to cost me big time ) , I really can't turn it down from the comments given here , and I suppose the price he's discussed is a bargain going on the prices I've seen, although I might have to knock him down a little though
Here's hoping its something nice , and that maybe I can rescue it from a life of misery of sitting in a bike rack day after day getting rained on.
Report back later.