Just a quick update here. I managed to acquire a SIP F16-16 01374 floor standing pillar drill, you can pick one up new for £225, but i managed to get mine for the grand total of £40

. Its got a 0.75hp motor and seems to be in really good nick.
The only thing wrong with it is that it needs a new chuck, which will cost me £18.50 delivered for a 1-16mm chuck, i would go for a keyless chuck but it costs an extra £10 for that feature, many in the future eh
So it looks like i've solved my drilling issue for less than the cost of a clarke bench mounted drill.
