Thanks Guys.
Had a crawl under her earlier. The front of the sump and underside had a small amount of oil present. I ran her for 15 minutes and a drop appeared on the front underside of the sump. This is where the drip is coming from. And it is only a drip or two after every use (plus whatever comes out whilst travelling).
I was told that a spray of oil from the engine on the engine cover was nothing usual by the seller and I questioned this as odd but was told it was normal. The engine is a 650cc replacement and is spotless. I'm going to get the car on my mates ramp and we'll have a look. Don't suspect anything too sinister. She runs very well otherwise.
To answer the restoration question. She wasn't a bare metal respray, I found out. She was body off and full respray. The original body was in quite good nick as I've seen a photo. The car has been restored, the underside is waxoyled and almost mint. The bodywork, whilst not the best spray job ever would rate at about 8.5/10. The inside is immaculate. All wheels and tires are new and, as I say, a new engine.
She is in remarkably good nick for a 37 year old car. I was just a bit dewy eyed when I bought her and wasn't as sharp as normal.
You'll have to bear with me as I'm not used to old motors but have the time and inclination to put her right.
Some of my questions might make you groan and headbutt the keyboard.......