If you really want to go ahead then please take account of what others have said. Sumos are still being built and according to my manual the Granada chassis was designed for v6/Rv8 power, you need to speak to Den to see if the current body fits the old chassis (and I suggest for his advice) and as with most kit cars nothing is usually impossible if you have access to the money, tools, ingenuity and some appropriate help when necessary.
I'd be worried about:
1. Parts - what's missing from the rolling chassis i.e. the hard to get point
2. Body - if one fits
3. IVA - whether the elements that seem a bit more judgmental are OK on the older chassis, for example like the mounting points for the seatbelts, seats etc (though of course with the right tools/help those can usually be fixed)
4. Running gear - Evidence around the age and ownership of the running gear
5. Suspension - I suspect that chassis has the older Cortina front/Granada rear Sumo suspension. If so it's not usually ride-height adjustable which might give you some challenges on the IVA



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