It’s important to understand that you are not investing in Abbots as a commercial organisation. You are investing in the physical asset – the wine itself.
With Abbots, you will have access to your own private account at Octavian or London City Bond/ Vinoteque, the leading bonded warehouses in the UK. Within a maximum of 30 days from the point of arrival at either or these warehouses, your wine will be held in your name.
Each case is not only physically labelled with your name, it is also issued with a unique rotation number that identifies the case as belonging to you exclusively. You will have access to the warehouse’s own website through a personal login name & password. This enables you to monitor the arrival of the wine you’re your personal account and to verify the individual rotation numbers. The Confirmation of Receipt of Stock will be forwarded directly to you by your bonded warehouse.
You are able to request Condition Reports online, which provide a photograph of all 12 bottles, the case, and an assessment of their condition. They are loaded on to the website and accessed via your personal account.
This means you are the only person who has physical access to the case of wine since you are the single and legal owner of that same wine.
Octavian
Octavian Vaults, Corsham Cellars, Eastlays, Gastard, Corsham, Wiltshire SN13 9PP.
+44 (0)1225 818714
info@octavian.co.uk
www.octavianvaults.co.uk
Octavian has a minimum annual charge of £103.00 + VAT, which means you can have up to six cases in your personal account without incurring in any further charges. From the moment your stock is greater than six cases, you will pay £16.57 + VAT per each nine-litre case (standard twelve-bottle case). All wines cellared with Octavian are automatically insured against “all risks” at full replacement value with no limit.
London City Bond / Vinoteque
Vinotheque, Derby Turn, Derby Road, Burton upon Trent DE14 1RY.
+44 (0) 1375 853 700
info@lcb.co.uk
www.vinotheque.co.uk
Annual invoices are subject to a minimum charge of £50.00 + VAT. Two storage options are available:
1. Limited insurance cover.
On receipt, wines are charged at £1.08 + VAT per case per month for the months remaining in the calendar year and subsequently at £12.96 + VAT per case on the 1st January for the following calendar year. All wines cellared with Vinotheque are automatically insured against “all risks” at full replacement value, but subject to a maximum value of £7,500 per 9-litre case.
2. Unlimited insurance cover.
On receipt, wines are charged at £1.62 + VAT per case per month for the months remaining in the calendar year and subsequently at £19.44 + VAT per case on the 1st January for the following calendar year. All wines cellared with Vinotheque are automatically insured against “all risks” at full replacement value with no limit.
We are happy to advise you about promotional storage rates that may be available to you at the time.
For full details speak to an Abbots Portfolio Manager on 0207 250 4789.
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