En Primeur: Bonded Storage

Barrels in a cellar in Bordeaux

Bonded warehouses are licensed by H.M. Customs & Excise to store wines on which duty and VAT has not been paid. This means that there is no 'release fee' when purchasing en primeur. Account holders pay a storage charge, charged at a rate per case per year. VAT, duty and a release charge are levied at the prevailing rates only when wines are released from the bond.

Accounts must be opened privately with the Bond. Your account may incur a receiving charge, payable to the Bond, when the wines are deposited in your account, as per your account's terms. Bonds also offer a range of related services such as delivery, repackaging and supply of export documentation, for which additional charges may apply.

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Octavian
Location Corsham

What they say:

"Octavian stores fine wines for over 1500 private customers with stock ranging from just a few cases to several thousand. Wine stored in our underground cellars is kept in optimum condition as the temperature and humidity are perfectly controlled by computer. The security at Octavian is also acknowledged as the highest in the industry giving customers complete piece of mind. In order to protect your investment we include all risk insurance in our charges which means wine is covered at full replacement value."

Storage £12.77 - £14.87 + VAT per case per year
Min. charge £90.00 (1-5 cases)
Receiving charge n/a
Other Annual charge includes: Rental, Enhanced Insurance, Receiving & Handling, In-Bond Transfers, Administration Order Charge, Case Picking, Certificate of Pristine Storage
Web address octavianvaults.co.uk
Telephone 01225 810 735
Vinothèque
Location Burton-Upon-Trent (or LCB facilities elsewhere)

What they say:

"A 19th century grade II listed industrial building, the Vinotheque wine cellars are in Burton-upon-Trent, with metre-thick, red brick walls. Insulation, air flow and natural light shuttering make certain that wines develop in a carefully controlled atmosphere. The warehouse is physically secure and protected by a state of the art intruder alarm system. The heavy oak doors and significant ironmongery from yesteryear have been boosted by state-of-the-art CCTV.

Being a subsidiary of London City Bond brings us enormous benefits: we have access to their systems which are clear leaders within our industry. You can view your stock through our live website. In summary, we offer our customers a comprehensive service giving all the benefits of a state-ofthe-art warehousing facility in traditional surroundings."

Storage £12.24 + VAT per case per year
Min. charge n/a
Receiving charge n/a
Other Discount available for Majestic customers, ask when applying
Web address vinotheque.co.uk
Telephone 01375 853 777

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More information about En Primeur

Email enprimeur@majestic.co.uk

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