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What on earth is this bike? Found near the south coast of the UK, its got an odd combination of bits, but also some aspects of quality. I originally posted the bare bones of some these details in the C&V forum, but what follows here follows further investigation including looking inside the head...

I'm thinking about what to do with my (still fairly nice) 1983 Rapide 12, but wondering exactly how much of the frameset is 531. Obviously the main tubes are, and the forks are not - which prompts me to think whether it might be worthwhile changing the forks for 531 forks from a 'higher...