That's fancy, with the large table in front and set-up for some sort of stock from a roll or coil. Probably a paper or plastic stock, given the "light weight" of the set-up. That's great news for you, implying the sheer has lived a relatively "un-thrashed" life.
Is the pneumatic power a factory deal or shop built?
Just a word of caution. The first time you put air to it, regulate the pressure down low until you personally check out the travel on the mechanism.
War story: Once upon a time, I was unsuccessful at convincing the boss to fund a new one so I was forced to buy a used, shop modified (from stomp to pneumatic) 48" sheer. It arrived with a 4x4s (wood) under each end support. I assumed they were added by the machinery dealer for ease of handling and removed them. The first time I put air to it, BANG, the thing did a back flip. Scared the h&[[ out of me and attracted curious persons from all over the building. No one was hurt. Small divot in the concrete floor and the tension rod adjuster needed adjustment. Anyway, the 4x4s had been there because the chap that did the mod had the treadle driven below the normal floor level. BE CAREFUL.