Hi there,
Most guitar shops usually charge around 40-50 for a setup. That usually covers lowering the action, changing strings and adjust the truss rod. Since the guitar is that old however ask them about the frets. If they are sprouting and need replacement that could get expensive. You might want to ask Stephen White ( scroll down to full access section and look for guitar technician) and send him some pics and see if that needs to be done. If just a basic setup is all you need then put some light gauge strings on them. All that should help with barre chords.
Big fan of " Bubbles" by the way. That actor is one hell of a guitar player as well.
Moe
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