I would not restore that. Maybe replace the broken wheel cap, but that's in great sound survivor condition. I only restore far gone machines. That's got rich patina, particularly the base. The catcher is the right shape, but wrong colour. I never knew there was a blue version unless that's off an older model before the Victa association before they supplied the engine. That's certainly a unique base casting not used on any Victa. Later Sunbeams used the store brand type high arch base, making it a fully Victa product wIth only a unique engine cowl and of course labels and wheel covers.
Ahh, if only victa had kept producing the thumblatch catcher series, they would be in better shape today!
