I did remove the covers and the psu is immaculate inside, no dust no burns all components look like new!
As they say "looks can be deceiving"
There has to be one or more failed components in there.
Physical indications are not always present in such cases.
But as suggested it's probably gone dry somewhere as didn't like sitting unused.
Electronic components can fail regardless to how often the device is used actually.
There is of course an increased risk of that happening when the device is in regular use, but it can happen either way.
I thought if I opened her up I would see a potential fault but really I could not ?
Never heard anyone referring to a bench PSU as a "she" before, lol!
Anyhow, it is what it is, you have 3 options here:
1. Take it to an electronics repair shop - they'll know how to troubleshoot it and get it fixed.
2. Buy the right equipment, be ready to learn the "ropes", and maybe eventually, you'd be able to get it fixed yourself.
3. Let it go and get rid of it.