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@solarider
It is indeed a very nice frame. To get anywhere near this from Mercian nowadays would be over £800 with no headset, stem or bars. The King was over £100 on its own plus includes a spare top assembly which was £45 a few weeks back.
The bb is English, but not included. I am taking the groupset and wheels off to use on the new frame.
The respray alone cost £250, so somebody is going to get a bargain!