Mr Fawlty is king? Here's creature with lethal gaze! (8)

I believe the answer is:

basilisk

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'creature with lethal gaze' is the definition.
I can't tell whether this defines the answer.

'mr fawlty is king?' is the wordplay.
'mr fawlty' becomes 'basil' (I've seen this before).
'king?' becomes 'k'.
'basil'+'is'+'k'='BASILISK'

'here's' acts as a link.

Can you help me to learn more?

(Other definitions for basilisk that I've seen before include "fearful creature" , "By the look of it, killer" , "Legendary creature with killing glance" , "Mythic serpent able to kill with its breath or glance" , "Mythical reptile with a lethal gaze" .)

I've seen this clue in The Telegraph.

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