Lord Sugar puts his gin palace up for sale for £12.7 million after owning it for just two years; it was originally built for the controversial tycoon Alan Bond
On Monday, the Daily Mail’s Sebastian Shakespeare revealed that Lord Sugar – of The Apprentice fame, in case you didn’t already know – is trying to sell his motor yacht, the ‘Lady A’, for £12.7 million ($16.5 million, €14 million or درهم60.6 million).
The 181-foot long gin palace accommodates 12 guests in 6 cabins and has a crew of 15. Built in Japan in 1986 for the subsequently disgraced and now dead Australian tycoon Alan Bond (1938 – 2015), the vessel passed through various other hands before being bought by Lord Sugar in 2015. Originally known as ‘Southern Cross III’, the boat was renamed ‘Indian Princess’ during supposed ownership by the brewing tycoon and ‘King of Good Times’ Vijay Mallya and ‘Emihar Chios’ whilst owned by the Greek shipping tycoon Harry N. Vafias.
Totally refitted over 10 months in 2016 by Burgess Marine and then renamed in honour of Lord Sugar’s wife since 1968, Lady Sugar (originally Ann), the ‘Lady A’ is described as a “unique market opportunity” and “one of the most distinctive yachts on the water” by brokers Edmiston.