"Together we grow"
We are delighted to introduce you to a major technological development which offers Mr. Wheeler Fine Wine Plan customers exclusive access to market leading data linking directly to their personal portfolios.
Take the Professional Storage Option
Fine Wine
Portfolio Tracker
Completely free to our storage customers, portfolio trackers places Mr Wheeler firmly at the cutting edge of the UK Fine Wine Trade.
Offering drinking dates, purchase history, market valuations, extensive producer profiles and the facility to withdraw cases for home delivery; our Portfolio Tracker is one of the greatest advances in consumer led Fine Wine resource to have been developed in years.
Fresh, intuitive and engaging representations of your wine holdings are now just a mouse-click away, allowing 24/7 access to your reserves whenever you wish and wherever in the world you are.
With Portfolio Tracker you can even ‘add’ multiple cellars to your Portfolio to centralise your holdings in one place, benefiting from the data that our systems provide – from the bottles stored in your home cellar or a coming-of-age purchase, through to those cases which may currently rest in a bonded warehouse elsewhere – Portfolio Tracker is able to correctly identify and log your holdings whilst populating the data for each wine.
Cellarage & Withdrawal
We store all of our wine (and your reserves), in Vinothèque, the finest bonded warehouse in the UK. It is highly secure, air-conditioned, and is the perfect place for storing wine. Your wine will undergo a twice yearly condition check: once by London City Bond (who operate the warehouse) and once by our operations director and wine buyer. For your peace of mind, the wine is covered by our insurance and that of the bond at full replacement cost.
Buying fine wine ‘under bond’ is the best way of guaranteeing the best provenance to any prospective buyer, should you choose to sell. You will also maximize your potential return by selling wine under bond, thereby passing on the tax liability to the person who eventually withdraws the wine for drinking.
CELLARAGE CHARGES
Cellarage (Non-Members)
£12.00/12, per year | £6.00/6, per year
Cellarage (Members of My Cellar)
£10.00/12,per year | £5.00/6, per year
Delivery from bond (Non-Members)
£12 (Free > 24 bottles/£300 in value)**
Delivery from bond (Members of My Cellar)
Free (12 bottles minimum)**
Pricing includes VAT ** Providing the wine has been purchased from us. Charges: July 2017 - June 2018
DUTY & VAT
If you choose to store your wine ‘under bond’, duty and VAT will only be due once you withdraw the wine and take delivery. Wine duty is a fixed charge and remains the same, regardless of the cost of the wine. VAT is a flat 20%* on top of the purchase price (not the current value) plus the duty.
CURRENT DUTY RATES*
Still Wine (5.5% - 15% ABV)
£25.98/12 £2.165/bottle
Sparkling Wine (8.5% - 15% ABV)
£33.27/12 £2.773/bottle
Sherry / Port (15% - 22% ABV)
£34.63/12 £2.885/bottle
Example: A case of wine is purchased for £500 under bond. Upon withdrawal, the following fees are due:
Duty*
£25.98
VAT* on the Duty (20% of £25.01)
£5.20
VAT* on the wines (20% of £500)
£100.00
Total to pay upon delivery
£131.18
*VAT and duty correct as of March 2017.
