Thanks for your reassurance.
What makes me a little paranoid about the coolant loss is the previous owner had it for just 5 weeks & during that time spent out on a full Lexus service, new Lexus rad, lambada sensor, wheel alignment & LPG regulator. He cited change of circumstances as the reason for selling & I've been a little worried that an expensive engine problem was the real reason.
As luck would have it, I'm meeting up with a good friend of mine today who's up from Cornwall. He's a brilliant trouble-shooter and is getting a name down there as the go to guy for sorting out car & bike problems nobody else can. From what I've told him, he also thinks it isn't the Head Gaskets. Same goes for the ex-Lexus mechanic I use.
There may not be an exhaust gas test but my man reckons his nose is a very good diagnostic tool :D