FKPhil, no Caliphate! Unless our bikes started one and didn’t tell us about their doings…
As for the bike, it may have a few years under its belt but still would be a joy to be out rolling on two wheels. GO for it and have a hella good time riding.
Note, BB shell and BB are oddly left and right hand threaded. Drive side loosens counterclockwise while the non drive side loosens clockwise… Pedals follow the same rules!