1960s Parker sideboard

Hello there,

I was wondering if anyone has advice on restoring a 1960s teak veneer sideboard. It's in absolutely terrible condition where the veneer is peeling away and broken along the edges but structually its very good. It's perfect inside with even the felt lining perfectly intact.

I'm considering replacing the veneer completely but not sure...I have restored quite a bit of stuff from this era so kind of understand how it behaves but I haven't approached anything in such terrible condition.

Does anyone have any advice?
Thank you!
Sue