the frame looks similar to my old 96/97 TerraTrax which was very nice to ride so i'd keep it.... i got another Saracen today by the way pics in readers bikes later
It's an early 90's frame going by the pierced top tube detail a la GT. Should be nicely made, if a little 'solid' as it's from the time when Saracen still made their frames by hand in the UK.
Well worth some effort (and worthy of better kit).