So PMS 4 fitted (even predates the Sargent units!). Very dated indeed and obsolete - saying that as if the issue is within that unit, that circuit in there would need bypassing as unlikely to be a simple fix.
Ok, you say there is no voltage at the wiring? I am assuming you are checking using the two wires that come out of the hole in the wall to the awning light?
What I would do is check each wire individually ...
you can either check the voltages - put a probe on the +ve wire and the other probe not on the -ve wire, but find a known good ground/-ve and connect to that. Then repeat ... probe on the -ve and the other probe on a known good +12V connection.
Doing this will tell you primarily if you have a connected ground or not for a start. You could also check the continuity of the cable by putting into resistor mode and checking if the -ve is connected to a known good ground, and the same for the +ve to a known good +ve.
Running new cables can be a nightmare - might have to think outside the box a bit? is there any wiring inside a top cupboard that could be tapped into and a line ran through the wall and a new awning light fitted in a different location? or can you see and access the wiring from inside that goes to the light (maybe behind a facia panel above the door?).
Or maybe even fit a
solar-powered exterior light that needs no seperate power connection?