I have one of these, I let my former band mates keep a hold of it since i've no room for it and they've no bass amp.
I always thought it was a great amp. I could get a variety of reasonably nice tones from it which betrayed the fact it had as much elegance as a tank.
Its pretty loud but its built like a bomb shelter...and yes, its heavy haha. I think Peavey make some great amps.
But do try your luck with working out a price. Its second hand so why not?