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Sell your wine
We need your wine!
We are are always looking for well cellared fine wine.
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Guidance

Wine can be a difficult market to understand.

At Richard Dawes Fine Wine we will create a bespoke portfolio directly inline with your intended budget and investment time frame.

Richard Dawes: We operate predominantly as a broker, utilising our wide network of suppliers in the UK and throughout Europe. Due to this we are able to offer extremely competitive market pricing and are not tied to specific stock holdings. We provide a level of service and advice that we would like to receive ourselves and are interested in building long term relationships with clients. We are not Investment Advisors, but are well qualified to advise on the wine market in general and will make suggestions based on historical growth.

Storage: Your wine will be stored at Vinotheque, which is one of the most reputable wine storage facilities in the country. The wines remain here until you come to sell them. The wines are bought, stored and sold 'under bond' which means that you never pay the duty and VAT. Storage costs £7.50 per case per year (excluding VAT). This includes insurance at replacement market value and the wine is stored under your own name, rather than ours.

Charges: Aside from storage, there are no other annual charges for you to consider. When it comes to re-sale, there is a 10% brokerage fee on the final sales price. This is the industry standard.

Selling: We can advise you on the best timing on when to realise your investment. When you come to sell, we can either make you an offer or broker the wine for you. You can also sell to another merchant. If they have a Vinotheque account this will be free, otherwise we will charge you the delivery fee to their bonded warehouse at cost price.

Investment Amount: We suggest that you invest a minimum of £5,000 - £10,000, but given the high prices of the top wines, the greatest returns are seen by those who invest more than this. As with most investments the more you put in, the more you stand to gain. We manage some customers' portfolios at al levels.
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