It does get quite warm in service, but what you describe sounds a bit too hot. As 'too hot to touch' is always too hot with a class Ab amplifier. With both of the ones I reconditioned the heatsink was certainly warm but never too hot to touch. And left on for several hours the case would be just pleasantly warm (not hot) to the touch. Are you sure you measured and set the BIAS correctly - and after a ½ hour initial warm up? - ventilation ok? However every person's definition of hot, or at least, their tolerance to heat is different, so it is difficult to be sure here.
Interesting you mention a 'ground loop' (increased buzz/hum?) when you touch the volume control, as this could be a sign of oscillation. Sansui warn you to be careful with the interconnection of the components in your system and also grounding, and I believe Conrad (AK member ConradH) has mentioned the sensitivity of this amplifier in this regard. Can I suggest you minimise the configuration, (1 set of speakers and one input) or try letting the amp sit with nothing connected to it (not even speakers) as see how warm it gets then?