KushP1

So my grandfather is moving to India, and he is leaving me his HUGE collection of vinyl, casettes, and CDs. Problem is that he has been using a really shitty all in one since as long as I can remember. As an avid music listener myself, I have been saving up money to get a proper setup to be able to play all of these. I just need recommendations/direction towards what are good/bad products. So far I am considering the Audio Techinca LP120 as it comes built in with a preamp (I think), and it's pretty affordable. I just need a way to play the rest and recommendations of speakers. Any advice will be helpful. Thanks, Kush Patel