There's a plastic washer that fails in the modulator which gives you zero braking. Push hard enough on the pedal when that happens & the modulator is toast.
Slow pressure build up is usually a sign that the accumulator is weak. If a new one has been on the shelf for a few years, it can loose some charge over that time.
The sudden grab of one wheel sounds a lot like a modulator issue. I think I'd be looking for a S/H one, fitting the steel washer & cleaning out the internal filter then swapping them over.
Make sure the calipers are secure too, I came across a car recently with finger tight slide pin bolts.
Modulator repair details here:
All p38 owners up to mid 1999 please read.


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