Bonded Warehouse Facility
Through being trusted members of Liv-ex Vintage Associates gives all clients the ability to store their wines at London City Bond Vine (LCB). Vine is the perfect storage facility for an investor or collector to house their wines which was built in 1870 specifically for storing fine wine in London.
LCB who work in partnership with Liv-Ex have a team that are highly skilled and experienced in every aspect of fine wine including settlement, handling, storage and distribution. The upmost care and attention is taken when undertaking checks, handling fine wine and recording condition and content.
Your wines will be stored at perfect conditions that are maintained through humidity and temperature sensors that are monitored every 30 minutes. Each case is given a unique identification number and the signing over and assigning of ownership is conducted. Some of their services also include condition checks, high resolution photography and instant transfers.
Your wines will also have comprehensive insurance cover whilst stored at London City Bond Vine. Storing wines at London City Bond Vine leaves a level of professionalism, security and assurance with the customer.
All of our clients have their own private named account, which means that complete ownership is with the customer. Customers are given the option of putting their account in their own name, a business name or even a loved one’s name. The cost for storing your wines at London City Bond Vine is £13.20 per case per year.
Benefits of storing your wine in Bond
- Free from duty and VAT
- Maximum security
- Temperature and humidity controlled
- Fully comprehensive insurance
- Full control and ownership of asset
- Preserves conditions and value of your assets
You can book an appointment to go and physically see your wines in bond directly through your Vintage Associates consultant. We can alternatively deliver to any storage facility or we can arrange a home delivery (terms and conditions apply).
Whilst sealed in bond, your wines will have a fully comprehensive insurance cover. The insurance policy is optional however we will always recommend that our clients insure their collection. The insurance is free of charge for the first year and is charged at £240 plus 0.03% of the portfolio value per annum thereafter. A copy of the insurance policy can be provided upon request.
The cost of sorting your wine at London City Bond Vine is free of charge for the first year and then £13.20 per case per year thereafter.