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STORAGE IN BOND
This
is a simple and easy part to explain.
ALL WINE INVESTORS SHOULD USE A STORAGE FACILITY
A storage facility like London City Bond or Octavian assures and
insures your wine in temperature controlled and light conditions.
Wines need to grow and develop, and you will need perfect conditions
to guarantee the re-sale of your wine.
These cost between £10-25 a year per case, but a broker company
should pay for this within the 10-15% profit they make on sale.
These companies are 3rd party and some have existed for over 200
years.
Your wine will be ‘IN BOND’ this means it is in ‘TRANSIT’ - not
liable for VAT. Wines stay like this between year 1 and year 50
sometimes and change hands up to 10 times without ever actually
moving.
When someone eventually drinks the wine, they will pay the VAT, not
you!
By investing in wines you actually own the stock and this means that
you won a physical tangible asset that always retains a worth.
Unlike the banks and shares which boil down to a piece of paper, you
own something that carries infinitive historical worth.
It’s important for the company to offer you an account with your own
rotation number so that you can verify that you own the stock.
When the wine is stored under your name is can only be released or
sold when you sign and authorise the trade.
Vinotheque
The massively constructed 19th c. grade II listed building offers
the perfect environment for the long term cellarage of fine and
maturing wine. In the last two years in excess of £1million has been
spent upgrading and enhancing the warehouse to ensure storage
conditions and security second to none. After all, our customers
have invested a lot in their wine, so we have invested a lot in
keeping it in top condition.
London City Bond’s market leading systems have been extended to
enable Vinotheque’s customers to have full visibility of their stock
over the Internet at all times, as well as giving the ability to
order over the Internet and monitor orders.
Corsham Cellars, home to many of the world's finest wines, wines
that have been entrusted into our care.
Our cellars are located 100 feet beneath the hills of Wiltshire,
encased in solid Bath stone. This gives us a naturally balanced
environment ideal for the cellarage of fine wine. Here, perfect
temperature is a constant, and humidity is controlled at the optimum
level. There is no natural light, vibration is non-existent and
fresh air quality is maintained at all times.
At Corsham Cellars, we understand that only the best is good enough
for your wines, so we constantly monitor and control the smallest of
detail and have invested heavily in the fabric of the cellars and
the technologies we use. Nothing is left to chance.
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Lafite Rothschild 2009
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Lafite Rothschild 2008
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Pétrus 2009
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