Fastwin18 says:
‘reduces to just a trickle after 5 or 10 seconds’
Well, that little morsel of information tells me quite a bit. Mainly that the water pump is working fine but something is causing the flow to drop off. When this happens, it’s usually caused by something with higher pressure than the pump can develop, something like exhaust gases getting into the cooling system.
Was the motor run in a bucket with the gears engaged? If so, the prop can churn up the water allowing air or exhaust into the cooling water. Try running it in neutral or with the prop removed to see if it makes any difference.
Exhaust gases can also get into the cooling system thru the water pump or thru a leaky head gasket. The pump housing has two small holes in it and the one in the middle is an air bleed while the one right below the water tube grommet bleeds water into the central finned area to create a reservoir which prevents exhaust gases from being sucked into the pump. The fins help to keep the water from sloshing out. It might be worthwhile to make sure this hole is clear as they do tend to get plugged.
A leaking head gasket might not be so obvious but any sign of moisture or rust on the spark plugs could be an indication.

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