This is a typical Tigcraft-Yamaha being sold on eBay.UK -- albeit with a blown engine. From what the poster indicated, it has an RS250 tail section, TZ250 fuel tank, and Cagiva Mito race bodywork. Nice looking bike.
Obviously the Mito bodywork is wide enough for the frame rails -- note in the picture above how the trailing edge of the lower fairing matches the frame downtube as well --- looks very neat!
This is a "true" MZ/MuZ tigcraft. Still powered by the same Yamaha 660 engine, but badged as a Muz supermono. Dave built this frame as well -- the stock factory Muz frames had glued lugs around the swingarm pivot point. Steel tubes glued and pinned into alloy extrusions. Saved production time dramatically (I assume). This one has been upgraded with lighter wheels, but I think still runs the KR1S swingarm.
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A totally different idea would be to go all "retro" and use a vintage-style fairing. These are actually cheaper than some of the other ones, although something to factor with the kit at the left is that I can count on another $100 for the gustaffson windscreen to make it work. A profile like this "makes sense" if I'm thinking Gulf Oil livery, but it would also work with the early 90s shape of the kit above.