On top of it being an outstanding deal for you, getting this lathe to someone who cares enough to put this back to work is a big deal for the Colchester community. I run a Chipmaster, which is approximately the same lathe but with fancy variable speed drive and higher top end. You're gonna have a lot of fun with this. The tool post alone would cost more on eBay than what you paid for the lathe -- a multifix A, it looks like. Warning: holders are expensive. There may be a strong market for some of the bits you don't think you need (2 mag chucks?) ...
Spares are available and it helps that the Bantam and Chipmaster share many parts. Search on eBay.co.uk for parts*** -- there are lots. A fellow, Steve, with a store called Home and Workshop Machinery moves a lot of this stuff, has very fair prices, and excellent shipping. I'm pretty sure I saw a Bantam tailstock and some hand wheels on there recently. Just be patient -- the flow of spares it small but steady and when someone parts out a lathe, all the good bits eventually make it to eBay.
***Tip: Many sellers on the uk site don't bother to list internationally, so you will miss most of these items if you only search on a North American eBay site.