£2,500? Run a mile and don’t stop running.
He is taking the p*ss.
For that kind of money, you should be able to get a modern square head Colchester.
As a beginner, I would recommend you buy a second hand mini lathe for about £300 to £500 and learn to use that.
When you need to upgrade, it will probably get your money back but you will probably keep it for smaller work.
I spent about 35 years in engineering before I became editor of Model Engineer and Mode Engineers’ Workshop.
looking on eBay, there are several Colchester students and master lathes with Roundheads at £500 to £1,000.
square heads under £2,000 although there was a nice looking one for £2,750. Traveling steadies are about £320 each. Fixed steadies are about £650.
replacement apron gears are about £150 each but you may need 2 or 3 of them.
Finally, is it 3 phase? Do you have a three phase supply? If you are doing tailstock tapping, you may need the fast reverse 3 phase will give you. If you are using a converter, it may take a few seconds to get up to speed.
This one on Bay is a square head at £1,850.
https://www.ebay.co.uk/itm/284619900111?hash=item4244ab04cf:g:uVsAAOSwpzJh6skn