Vintage Portfolio  

Whilst many people harbour a desire to lay down fine wine for future enjoyment, most do not have the time to make considered judgements or the cellar space to store wine appropriately.

Yapp Brothers’ Vintage Portfolio provides the expert knowledge to select fine wine for you and to store it under ideal conditions.  Our experienced buying team will build you a portfolio of fine wines that will benefit from medium to long-term cellaring and that you can liquidate as you deem fit.

Vintage Portfolio Terms & Conditions

Buying Remit

The buying team at Yapp Brothers has a wealth of experience, access to up to the minute information, great contracts and an ear to the ground.  Our emphasis will be on purchasing small volumes of excellent, young wines for laying down.  The plan will principally buy red Rhône and Bordeaux wines that would normally retail at over £300 per case of 12.  However, if we spot a bargain outside of these criteria, we shall take advantage of it.  All purchases will be at the discretion of Yapp Brothers’ buying team.

You will receive prompt notification of purchases that will also include background information on the wine and suggested time to optimum maturity.

It should be noted that the fine wine market can be volatile so, if you are looking at this opportunity as an alternative investment, we can not guarantee the likely future value of wines purchased.  Needless to say, they should all make for excellent drinking.

Storage & Insurance

Purchases will be stored in you name in temperature-controlled conditions.  Should you wish to store purchases yourself, please notify us.  Storage by Yapp Brothers is currently charged at £10 per case per annum, which covers insurance at replacement value.  Any fees will be deducted from your subscription and itemised in your annual statement.

Some wine may be purchased and stored “in bond”, which means exclusive of duty and VAT.  When this wine is withdrawn from the bonded warehouse, you will be charged duty & VAT at the current rates on the original cost of the wine.  Wines stored in bond will be held in an account separate from the firm’s own.

You will receive an Annual Certificate listing all stock held by you.

Access to Wine

We are happy to arrange delivery of your wine in the UK subject to normal delivery terms and charges.  Equally, you are welcome to collect wines from us during our opening hours.  We do, however, need written advice on any withdrawals and at least one week’s notice of requirements.

Payment

The minimum subscription to Vintage Portfolio is £100 per month.  This can be funded either by monthly direct debit or annual lump sum payment of £1,200 in advance.  Annual statements will be sent out at the end of each calendar year and these will show purchases, storage fees and the balance on the account.

Should you wish to cancel your Vintage Portfolio subscription at any time you can do so by contacting Yapp Brothers in writing.

Enquiries

If you have any questions on the plan that our not covered by the Terms & Conditions or the FAQs, please contact Jason Yapp or Tom Ashworth on 01747 860423 or email vintage.portfolio@yapp.co.uk

Please email vintage.portfolio@yapp.co.uk for a direct debit/order form.