This lovely yacht was made by Alexander of Preston and sold by Bassett Lowke.
She has the distinctive "red" varnish above the waterline which is associated with the "White Heather" range of yachts.
This particular yacht has, not unusually for an Alexander, been sailed extensively.
Alexander yachts sailed extremely well and were often purchased by enthusiastic sailors. 
The hull is in good condition but does have some scratches and marks most notably amidships on the port and starboard sides and on the bottom of the keel.
Due to the sailing she has a little damage at the bows and on the stern.
The deck is original with a lovely colour and a mahogany kingplank and toerails. The varnish is original and has started to crackle in places to gave a lovely patina. All the deck fittings, including the braine steering, are original. 
The rig is original with all alloy spars. They are painted cream but have tarnished over the years. The hooks and bowsies are all original but most of the rigging has been renewed at some point.
The sails are in really good order  for their age with no holes or tears but they do have some staining. All the cringles are tarnished but are original.
This is a very striking and attractive yacht by one of the foremost pond yacht manufacturers.
Alexanders, especially larger ones,  are becoming more and more difficult to find so prices, for good examples, are increasing. 
The stand is not original but has been made in the style of Alexander and is included in the sale.