If you can arrange to do so safely it would be prudent to have a look at the underside of the headstock and tail end support castings to see how much contact between lathe and support the maker expects. Generally there will be a small boss around the bolting holes sitting proud of the main casting base which actually contacts the support or bench. Boss diameter of the order of 3 times bolt hole diameter projecting around 1/16", 2 mm or a bit more seems typical judging by the small machines I have seen. It seems that this area is rarely well finished, for example SouthBend 9" machines seem to be left as (nicely) cast, so it may be unwise to assume that the machine will sit with all feet in proper contact on a flat surface. Inspector Meticulous types may suggest that it would be advantageous to set the lathe on a flat surface on large steel washers coated with bodyfiller and allowing to harden before bolting to create a smooth true surface under each foot but this is probably OTT unless the foot surface is unreasonably poor.
In my view all small lathes are made to sit much too close to the bench. Spacing up by 3 inches or so gives room for a proper pull out chip tray and provides space to wield a brush whilst sweeping out the bits that miss the tray. Makes life so much more civilised. My first such tray was the cover off a broken record deck. If you do decide to space it up make proper levelling spacers with adjustment threads. Simple and quick to do, well worth the effort to make the installation job easy.
Odds are that the bench that a small lathe is bolted to will be stiffer than the lathe itself. Not the best of situations if the bench is a live material, such as wood, sitting on a fairly basic floor such as those commonly used with the more affordable variety of shed. The better quality thick chipboard kitchen worktop or, preferably, industrial rated counterparts make a nice dead, thermally stable, bench surface on which to stand a lathe. The finish seems oil proof over a more than a decade too. One of my Southbend 9" lathes sat very happily for over 15 years on such a worktop lightly mounted to a pair of plastic workshop cupboards. At B&Q special clearance offer prices the plastic cupboards seemed worth a try but I did add some judicous stiffening by driving nicely fitted timbers down the hollow molded sections and strutting under the shelves before bolting them in place.
Clive