4.75V is perfectly fine.
Get your hands on the schematics and measure all other signals going to the SCSI chip:
-data and address lines between CPU, PDS or ROM SIMM and SCSI chip
-chip select, DACK and read/write signal lines between GLU and SCSI chip
-IRQ and DRQ between VIA2 and SCSI chip
One of them is probably bad.
Does your board boot fine from floppy?