The HMRC manages all companies dealing in whisky brokering, with help from the Scottish Whisky Association and must hold appropriate licences with HMRC, by undergoing a thorough application process to gain a licence called a WOWGR. This process requires many checks with HMRC, background information, business plans and applications to trade with reputable brokers.
All stock purchased through us is stored in a bonded warehouse and will be insured after paying a small fee, depending on the size of stock which covers fire, theft and water damage; should this occur, you will be compensated for the price of the current market value. All casks are stored at our bonded warehouse in Scotland and rare bottlings will be stored in our EHD bonded warehouse which has the same insurance policy.
After confirmation of purchase, you will receive a Title Deed Certificate outlining which casks you own. These casks have all been registered with the bonded warehouse and the original distillery that gives you authenticity of the cask, and allows you to sell your cask through other channels if you wish.
The value of premium whisky is largely determined by age, as well as the quality of the distillery and brands they release. Considered to be the most valuable are Single Malt whisky’s which occupy the higher end of the spectrum,compared to the blends. While this is true, all blends are a mix of younger and older single malts to gain the flavors that they wish to acquire, so this means investment in casks gives you a greater scope to sell your product for either single malts, or blends. While all whisky increases in value over time, some increase more than others.
Once the cask has been transferred into your ownership, you are able to sell at any time of your choosing. For casks, we recommend a minimum of three years in order to get great returns, but the investment can be held for as long as you wish. The returns depend largely on the brand and how long you hold the whisky. We advise our clients that a typical return per annum ranges from 12% to 15%.
There is no minimum investment level required to use our services, and we can tailor portfolios to suit almost any level of investment. However, we advise clients that to get started you need to invest a minimum of £10,000. Once an account is open clients are free to top up and add to their portfolio without any restrictions.
Your wine will be stored in an HMRC regulated storage facility called EHD. Your wines are kept at optimum levels ensuring you get the best price possible upon exit.
Wines are selected for a tailored strategy based upon the individuals terms of investment. Liquidity, time scale and risk profile.
You are not tied into a specific length of time investing into wine. However, to maximise on the profit potential we recommend to hold for a minimum of 3-5 years.
We charge a 5% fee upon entrance to the market, and a 5% fee from the profits generated on the exit. It is therefore in our best interest to make our clients a return.
Yes, the bonded warehouse insurance covers the asset to full replacement value. The price for insurance is £10 for a half case (6x75cl) case and £20 for a full case (12x75cl).