It's a simple design, the trigger mech is slightly more complicated than say a BSA Meteor, but if you can open a can of beans without using a hammer you should be fine.
The best thing to do with it, once stripped, is to give it to Colin at Manchester Air Guns and get him to polish it and re-blue it or if the pitting is too deep, get him to nickle or chrome-plate it. His handle is colmag on the BBS.