I think this is the way I'd like to go, ie bring it up to 140mm with Frametherm 32 then vcl then plasterboard. Affixing new vertical battens onto the existing studs would be fairly easy I think (long screws).
Thought about going with new horizontal battens fixed to the existing studs to reduce thermal bridging with 2 layers of insulation but I think that might make sheeting more difficult than it needs to be.