You get a lot of Nishikis here in Sweden. They mostly make hybrids, but have an OK frame with some fairly entry-level racing componentry.

It's an OK bike by all accounts and has the potential for upgrading. If one's ambition is to do some entry-level racing, perhaps Vättern-Runt if you're thinking distance, or perhaps some "motionslopp" then it will be fine.

I evaluated a Nishiki last year when I was buying my first road bike. In the end though I went with a 2nd-hand Batavus Pro that had a lighter frame, carbon forks and higher-level componentry. It was a bike that would cost 13.000 SEK new which I bought for 8.000 (it was only 6 months old). If you don't want to buy something that's already been ridden, then the Nishiki is probably one of the better value for money entry-level bikes out there.