Wine cellarage or storage can sometimes be referred to as bonded wine or “in bond” and this means that that your wine is stored in a HM Customs & Excise approved bonded warehouse.
The benefit of this is that you are not liable to pay any duty or VAT whilst your items are in controlled wine storage facilities. As soon as it is removed and delivered to the home or premises in question, then the VAT will be due and payable on the original purchase value.
You may be wondering exactly what the advantages of bonded wine are, and why you wouldn’t just want to keep your fine wines in your own home. Reputable wine storage companies are experts in storing your wine in perfect conditions so you can rest assured that you will receive it in as good, or better, condition that you bought it in while protecting the value of the wine.
We are partnered with Locke-King Vaults EHD London. Locke-King Vaults provides an Underground store, a series of 17 tunnels approximately 1 mile in length, was built on the famous Brooklands site, and is administered by EHD’s staff.
Details:
EHD London No.1 Bond Limited
Unit E Dolphin Estate
Windmill Road
Sunbury On Thames
Middlesex
TW16 7HE
Fax: 01932 334333
If you already have a bonded warehouse account, we can transfer your wine directly to your EHD account or elsewhere if you use another bonded warehouse.
If you do not already have a bonded warehouse account, we can assist you in setting this up. Please call us on 0800-107-5135 or email us to info@bathspacapital.com.
