Storing your Wines
To provide the best possible care for your wines they are stored with one of the UK’s leading specialists for the secure storage of wine, London City Bond at their Vinothèque bonded facility. This is where much of the country’s fine and investment wine is stored.
Storage costs per case per year (6×75): £6 + VAT
Storage costs per case per year (12×75): £12 + VAT
Temperature & Humidity
The temperature and humidity within Vinothèque are close to ideal. Insulation, airflow and natural light shuttering make certain that wines develop in a carefully controlled atmosphere. Constant monitoring ensures that all wines are matured in ideal conditions.
London City Bond Vinothèque is physically secure and protected by a state of the art intruder alarm system. The heavy oak doors boosted by state-of-the-art CCTV cameras that monitor every angle and corner of the building, inside and out. In addition, a security company that protects the major banks and high-value businesses elsewhere in the area – has 24/7 security patrols, and there are, of course, all the usual security checks and monitors on all staff and visitors to and from the site.
Interest continues to grow in fine wine and there is only a finite supply, therefore prices should continue to increase and, as with any expensive asset, it is foolish not to insure it properly. All our client reserves are fully insured (to full replacement value). Wines in stock at Vinothèque are insured by them and wines in transit from abroad are insured by our shippers – currently J.F. Hillebrand UK.
Wines from your own collection/portfolio can only be removed from Vinothèque with written permission from you. For the avoidance of doubt, Waud Investment Wines cannot remove or sell your wine without your express written consent. Multiple investor portfolios operated by us are managed by us and instructions to buy or sell here naturally come from our Fund Managers. Clients are also welcome to visit Vinothèque and their wine collection by prior arrangement.
WIW shall receive a management fee of 2.0% per annum of any subscription, which shall be paid from the Subscribers five-year investment in advance. There are no further management fees charged after 5 years.
No portion of such management fee shall become repayable in any circumstances.
If we successfully sell wines on your behalf, a performance fee shall be payable at the rate of 10.0% of the upside between the sale price and the acquisition price.