Before you worry about installing the 32 bit version you could do what I've been doing.
I have 100's of old Sonar file starting from 2004. So lots are 32 bit.
I only have the 64 bit version installed and it's been very straight forward.
Sonar just warns me as the file opens about missing plug ins.
They are greyed out when the project opens and still have the original name.
So I just replace them with the 64 bit versions.
And a lot of 32 bit plugs ins do load and play using bit bridge.
So I've never really found a file I can't play even if I made it in Guitar Studio.
One thing I think is important is I have always used CWP files,,, not BUN.