Have you tried a known good wheel in it? If the dish was out in the wheel you tried,a good one might align better.
And how wide is the dropout spacing at the moment? 4 or 5mm different to 120mm sounds suspiciously close to 126mm, which is what I'd expect in an older road frame.
Have you tried a known good wheel in it? If the dish was out in the wheel you tried,a good one might align better.
And how wide is the dropout spacing at the moment? 4 or 5mm different to 120mm sounds suspiciously close to 126mm, which is what I'd expect in an older road frame.