I have a feeling from the description that you're looking on one of those "bb gun" websites. I wouldn't recommend buying from them, as you can see from the JustBBGuns thread here they are pretty bad to say the least.
I think other airsoft retailers such as Zero One or AirsoftWorld for example would sell the same gun for around the same price, with much better service. Z1 also gives you a free skirmish voucher AND free two-tone too I believe?
Usually you'll see retailers charging £20-£25 to two-tone for you.
From what I've heard, the WELL / Warrior MB-01 (L96) is a good rifle, but every sniper rifle on the market needs aftermarket upgrade parts to perform as you'd probably expect from one. Out of the box you're looking at them probably doing the same sort of range and around the same level of accuracy as your standard AEG. So you're disadvantaged against most other players. They are fun and satisfying to use, once the performance is improved.
Thing is buying the new parts alone can easily cost twice / three times the price of the gun itself. Oh and needless to say orange is a terrible colour if you're trying to stay stealthy - just a thought for if you wanted to properly skirmish it.
I can imagine the L96 must be around £100-£120 new here in the UK (I know overseas would be cheaper, but not possible without a defence) For the same price you could get a very capable, good quality AEG such as...yep the G&G Combat Machine. Just make sure to avoid guns that are any cheaper, or anything else for that price as a matter of fact. There's a reason we all recommend em, really nothing around that price is as good. Apart from maybe a CYMA AK? (My dad got one on sale for £120, but then again it was on sale from £190)
FPS limits are usually 350 for AEGs (basically anything full auto) Then 400 for DMRs (semi auto, but with a 20M Minimum Engagement Distance) and 500 for snipers (bolt-action, 20M MED)
Although some sites will be different, for example as low as 328 or up to 370 for AEGs.
Hope this helps