Bonded wine storage for merchants and investors

Wine merchants, importers, restaurants, investors and serious collectors who want to delay duty and VAT.

Storage fees per case per year, plus handling charges for goods in and out, picking orders and arranging deliveries.

• Accurate record keeping
• Stock and warehouse organisation
• Dealing with regulators and business customers

• HMRC approval as a warehousekeeper is likely needed, and may involve checks and a security guarantee; confirm exactly what applies to you
• Check whether registration under the Alcohol Wholesaler Registration Scheme applies to your activities
• Goods in transit insurance, stock insurance and public liability; check your cover carefully
• Duty and VAT errors can be costly, so strong record keeping and an accountant familiar with excise are important
• Approval and setup can take time before you earn anything

Startup costs are typically around £25,000 to £100,000, depending on premises, climate control, security and stock systems. These are estimates only, so build your budget from real quotes for your own site and setup.

Monthly revenue is typically around £1,500 to £7,500, depending on how much wine you store and the services you offer. These are estimates, not guarantees, and approval and setup can take time before any income starts.

Check whether you need HMRC approval as a warehousekeeper, which may involve checks and a security guarantee. Also check whether the Alcohol Wholesaler Registration Scheme applies to your activities, and confirm your insurance cover and use an accountant who knows excise.