Well.... I did it!
Possibly got sucked into the sale and should have waited longer before making the purchase, but I bid for the Raleigh Royal and won it. Picked it up yesterday. On inspection since getting back home it seems to be in really good condition... The paint looks incredibly tidy and all the components are rust-free, though the brakes need a bit of love..
What do you guys think..? Here's a link to some photos if you'd like to have a look:
http://shawcycles.tumblr.com/post/124834953447/raleighroyal-prerestoration
Interestingly, the front tyre is solid.. I'm not sure what the proper name for it is, but there's no inner tube, it's a solid tyre. The back is a standard 700c and the wheel is slightly larger than the front, I have my doubts whether it's original. I'd like to try and get it back to original if possible.
The other complaint I have about the bike is that the decals seem to want to come off rather easily, I tried to give it a very gentle rub down with an e-cloth and the slightest amount of extra pressure would start to rub the away (so I yelped and threw the e-cloth to the back of the room...) so i'm curious as to how to protect them...? A friend of mine has advised gently rubbing the whole frame gently with car polish/wax... Which will buff it up, but I can't see how that's going to protect it long term. Would coating the bike (once fully cleaned) in a light lacquer help at all..? Or is that a big no-no..?