@jimmy – there’s some photos a ways back of a Record I bought that was about like that one, and I cleaned it up with a wire whizwheel I bought cheap from Homebase ‘cos it was a display model without packaging. Did a brilliant job, but eye protection is a must, and a mask would be a good idea too, something that pretty much everyone is going to have handy! I used flat blue Hammerite paint, rather than the metallic hammered finish, it’s almost exactly the same colour as the original paint.
To be honest, though, looking at yours, I’d leave it alone, other than giving it a thorough clean with WD40 and wire wool, or maybe white spirit, just to remove all the old dirt and muck, it’s still got original paint, and it’s been well used, and deserves to show that wear and tear – mine had several layers of grubby paint of different colours, was a black-ish red/grey, and filthy, so needed stripping back to metal, but yours looks great, just give it a clean!