This guy must buy these at Italian flea markets, he's got quite a few despite claiming not to be a business.
Slightly less worthless in the UK than in Italy?
Especially if you hang a "l'eroica" bottle off the bars.
Amazingly basic components.
Bit of an OFB if you'll forgive my Italian...
GERBI was quite a name back in 40s. The above bike seems nicely made with some cutout lugs, not so common on Italian bikes from its era, ideal as a run around.