Just a little update as been using her for a few weeks now.
Fitted some K&Ns, sorted the timing, mixture and balanced the carbs, and now averaging about 32mpg which I'm really pleased about. Oil change this weekend. Engine first and will do the gearbox in a couple of weeks.
Fixed all the switches that didn't work, fitted a pair of rear fog lights. LED bulbs all round bar indicators (clear front lens and chrome bulbs). Got a smartscreen on order so I can have a intermittent wipe feature.
Braking system is a little woolly, so going to get new pads/disc and calipers etc after pay day and fit them. Bear in mind that a new disc for my Morgan is £130, I can get two discs (slotted and drilled), two new calipers, two sets of pads, two stainless backing plates, a set of 3 stainless braided hose and all associated nuts and bolts for £275.