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Storage & Investment

 

Storage

 

When I think about my ideal storage, I imagine living in a vast castle perched atop the deepest dungeons where the atmosphere is kept perpetually damp and cool through its proximity to the surrounding waters of the castle's moat and from where a resilient cat banishes mice that would otherwise be nibbling at the corks of my 1964 Krug.

 

Not everyone is this fortunate, however. Still, what is important is that one has the facility to enjoy, not just the fruit of one's collecting, but the collection itself. Also, that the conditions in which one's wine is stored be as close to perfect as possible. 

 

Bowes Wine outsources its client storage to an independent, specialist wine storage company, Nexus Wine Collections. They store our clients’ wines in Octavian, the biggest and best wine storage facility in the UK.

 

Bowes Wine and Nexus work very closely together for the benefit of our clients; as soon as we invoice you for your wine, we email a copy to Nexus who add the wine to your portfolio, pending its physical arrival. We arrange the transfer of all new purchase and liaise with them throughout the transfer process.

 

Clients can access their portfolios via Nexus’ website. To look at a sample portfolio, simply go to www.nexuswine.co.uk, enter the username sample@nexuswine.co.uk and password nexus in the top right hand corner of the page. The sample portfolio will enable you to get a feel for the full functionality of their site and the information available: current stock holding, wines previously sold/delivered, source of each wine, cost value, current replacement value, total value of your stockholding, and so the list goes on.

 

When you set up an account with Nexus, you have the OPTION to grant us access to your portfolio, should you wish. You can offer us viewing access to all wines purchased from us (this will enable us to continue to offer you advice on these wines), viewing access to your entire portfolio including wines purchased from other merchants, or full access which allows Nexus to act on written instructions from Bowes Wine regarding delivery, transfer and shipment.

 

If you would like to open an account with Nexus, please let us know and we will effect an introduction for you.

 

 

Investment

 

Like it or not, wine, at the topmost levels, is an art form. Not created by some human genius (or, as seems to be an increasingly frequent phenomenon these days, by someone with no evident talent whatsoever), it is rather the expression of some complex subtlety underlying the soil, situation and micro-climate of a specific vineyard.

 

Again, like it or not, art is a highly tradeable commodity and much as it pains me, as a wine merchant, to see the finest products of the rarest vineyards passed around like so many pork bellies, it is a fact of life.

 

The reasons for wine's suitability as an investment instrument are pretty obvious. Here are some of them:

 

·          The number of people in the world for whom wine is an aspirational, luxury product is growing; demand is rising, whilst supply, at least of the top wines, is regulated and controlled by law.

 

·          Wine is deemed by the Treasury to be a wasting chattel and, as such, is not liable to capital gains tax in the UK.

 

·          Because investment grade wine is, uniquely, a pleasure for which one has to wait, as soon as it attains its optimum condition, many of those who own that particular wine will start to drink it. Thus the global supply will shrink. It is at this stage that, given favourable conditions in the global economy as a whole, wine starts to appreciate in value.

 

Anyone interested in purchasing wine as an investment, please do contact Caspar.

 

 





 



" Wine is the most civilised thing in the world. "
 ... Ernest Hemingway (1899-1961)

 

 

 

Contact us:

If you would like to discuss storage options or investment in more detail, please do not hesitate to contact Caspar.

 

+44 (0)1380 827291

+44 (0)7789 871453

» Email Caspar

 

 

 

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