Hi Sunbeem,
It was first registered in late '85 - early '86 in Preston, Lancashire. (Note for non UK residents: here a vehicle keeps the same number all of its life, irrespective of how many owner it has. As the first letter is 'C', that designates that the first registration was late '85 - early '86; and the final two letter are 'FV', which means it was registered in Preston. See
http://www.motorcycle.co.uk/Reference-material/UK-Registration-Letters.aspx )
The TS 150 (and mechanically similar 125) were very common in the UK, and tens of thousands of them were sold. That means spares are readily available, and there's plenty of people out there who have owned one.
If the engine turns over on the kickstarter and you fancy a project, offer the owner 50 pounds. TS150s are fairly easy to work on and it probably wouldn't take much to put it back on the road. The bike will be six volt - it probably has a headlight from a 12 volt bike, but the bulb will have been changed to 6.
I would advise joining the MZ Riders Club
http://www.mzridersclub.co.uk/ It's a big and very active club, and a good source of spares and information. It is organised into regional sections and if you've there's a meeting fairly locally, you are bound to meet someone who's owned one. (Where about in the UK are you?) The club also sells manuals and parts books - invaluable when rebuilding a bike.
A good forum on the Web is at
http://groups.yahoo.com/group/mz_riders/ This is geared towards MZ 2 stroke owners, so lots of knowledgeable people there. Also, if you're interested in what a TS 150 can do, take a look at:
http://www.siltec.co.uk/french_tour_82.htmlGood luck, and I hope this is of some help,
Norman
http://www.mzskorpion.net