Reynolds 531 and with Campy dropouts. Its a 1984
If it's not any earlier than that, there's a good chance it was made for 700c wheels, and has 126mm rear dropout spacing. If that's the case, at least you can put modern wheels in it. Without cold-setting the frame, you could just stretch it a little every time you put the rear wheel in, but cold-setting it
improperly, or not doing it at all, may make the frame slightly crooked, as the right side will tend to bend out more than the left, because of the impression put on the right-side chainstay to keep the small chainring(s) from hitting it.
It may make a good bike. The 21st century definitely does
not have the corner on great-handling bikes! There were some outstanding ones in the 70's when I got started, their main disadvantage in riding compared to modern ones being that it took more skill to shift them. Still, I wouldn't put too much money into it since, if it has been ridden hard in the past, it could crack soon after you get it going. Easy modernizations however do include clipless pedals, aerobars, and cycle computer. If you put more speeds on the rear, do go with indexed shifting. I originally tried 9-speed with friction shifters, but even looking down, I couldn't always get it adjusted quite right, so sometimes I would get these terrible bangs and skips when I would get out of the saddle and torque on it, because the derailleur wasn't centered well enough on the cog and stay that way well enough with frame flex, so I put 9-speed indexed Dura-Ace down-tube shifters on that one.