'Frequently Asked Questions'
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Q: How long has Bacchus Vintners been trading?
We have been trading since 2005 and have built both a sound and solid client base.
Our small team of 5 came together through their own passion for wine, along with experience within their fields of customer service, sales and trading knowledge.
Q: What % growth can I achieve?
Based on historic evidence the fine wine market has shown considerable growth on many first growth wines over the last 5 years.
At present, the expected return on a fine wine investment portfolio is in the region of 15% per annum over a 5 year period.
Q: What are your fees?
We charge a one off commission of between 10% to 20% depending on the wine and the amount purchased.
But we charge no commission on the sale of your wines once its time to take your profit.
Q: What are the storage costs?
We ask all of our clients to open their own account at Vinotheque, London City Bond in Burton upon Trent. The storage costs are £12.24 plus VAT per case, per calendar year. The wine is fully insured to the current market value or full replacement cost.
Q: How long should I hold the wines?
Whilst this can differ between different wines, we generally advise a minimum of 5 years.
Q: Why invest with Bacchus Vintners?
We are an independent Company without links to any wine producers so all our recommendations are unbiased.
Our clients are not investing in Bacchus Vintners as a commercial organisation. Their money is invested in the physical asset - the wine itself. Each client has his own private account at LCB. Upon its arrival at LCB, the wine is held in our client’s name and the case is physically labelled with the owner’s rotation number that identifies it as his/her own.
Our client has access to LCB’s own website through a personal login name and password allowing him to monitor the arrival of the wine into his own private account. This means that only our client has access to his wine as they are the legal owner.
We act as agents, sourcing wine for our clients through UK and European suppliers. With our knowledge and contacts within the industry we are able to buy wine as close to the producer as possible.
We assist our clients with a full comprehensive service; from selecting the wines, setting up our client’s private account at LCB, organising all delivery and transport costs, examining the wine upon arrival and issuing of certificates. We will also compile an annual report on our client’s portfolios and provide all relevant market news on the world of wine.
Most importantly, we do not charge commission on the sale of our client’s portfolio. All of the profits are our client’s to keep!
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