Well it's been at Hurn (BOH) for over 15 years stored in the open, and this is not the best place to keep an aircraft. It's not a dry desert climate but a temperate damp one and only 4 miles from the sea.
Yes corrosion can be dealt with but it could take a huge amount of money, and if the main structural elements, (wing spars, etc,) are affected then I doubt anyone could fix it.
If it should ever fly, I hope it doesn't make an early right turn off 26, as that would be over my house.