Would you like to be buying fine wine to enjoy in 10-20 years’ time, but don’t have the time, expertise or cellar space to do it?
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.
The buying team at Yapp Brothers has a wealth of experience, access to up to the minute information, great contacts and an ear to the ground. Our emphasis will be on investing in small volumes of excellent, young wines for laying down. The plan will principally buy red Rhône, Bordeaux and Burgundy wines that would normally retail at over £300 per dozen. 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 your name in temperature-controlled conditions. Should you wish to store purchases yourself, please notify us. Storage by Yapp Brothers Wine Merchants is charged at £12.50 per case per annum, which covers insurance at current retail 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 When this wine is withdrawn from the bonded warehouse, you will be charged duty and VAT at the current rates on the original cost of the wine. Wines stored in bond will be held in a client 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 our normal delivery terms and charges, see Delivery. 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.
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.
Will I receive entire (un-split) cases of wine?
Yes, except in rare instances.
How soon can I start to withdraw wine?
As soon as we have taken landed shipment of wine, subscribers to the plan can have wine delivered to private cellars, although they are by no means obliged to do so and we offer competitive storage terms.
Can I contribute to the plan in someone else’s name as a gift?
Yes. Subscribers can contribute to Vintage Portfolio on a gift basis provided the subscription is being held for one individual in its entirety.
Can I withdraw some wine but leave other cases in storage?
Yes, you can withdraw entire cases at your discretion. We will require written confirmation of withdrawals and at least one week’s notice of requirements. Details of your remaining stock will then be shown on your annual storage certificate.
If you have any questions on the plan that have not been, please contact Jason Yapp or Tom Ashworth on 01747 860423 or email firstname.lastname@example.org.