I'm not sure where to start with the badness, but I'll have a go.
If they've gutted a working Wolf drill to make this monstrosity it is, if not a hanging offence, at least worth some sharp words from the bench.
If the drill was unrepairable (unlikely - they were were built to last) the stand would still be be useful - it looks well made.
Even as a piece of retro-industrial art it's a piece of dritt, as they might say in Norway. I don't want to use inappropriate English language and be censored.
The shop was closed when I passed so I couldn't ask what they wanted. I'll be down the town tomorrow and inquire, if it hasn't been snapped up.