If it fits you, it will make a good touring bike. I just sold one , an Antelope 820 and exactly the same color, to my brother-in-law. I bought it because it was a 1993, literally new in the box, and planned on using it for around town utility bike. However, I have another bike that fits the same need, so the 820 only was ridden a few times. It is a good solid bike, has decent components, and relatively long chainstays. If it is in good shape it will get you on the road with enough left over for other gear. Panniers, racks etc are transferable to other bikes if the 820 does not suit your needs. Used ones in tough shape go for about $200 around here.

I didn't really want to sell it, but I like the guy, and he really wanted the bike.