As Simon mentioned, OEM front springs on our cars seem to be an issue that most of us have to deal with and I'd expect to replace dampers on a maybe +100k/20 year old car. That pin in the rear hub could be the handbrake shoe retaining pin pulling through a rusted brake back plate which is another common age related problem (new back plates or even complete assemblies - probably a better bet - are available at quite reasonable prices from DMGRS) and I would have renew the rear hub bearings at the same time whilst it's all in bits and your paying for labour. Don't know much about the GB issue but the your suggestion of the selector cables is a good hunch. If the body is in good nick the engine is pretty much indestructable - go on keep it, you know you love it really.
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