Learn About the Business of Vintage Wines from UKV PLC
United Kingdom Vintners, UKV PLC, is a consulting firm with a strong focus on luxury and vintage wines. It is based in Surrey in the UK with a branch office in London. The firm focuses on delivering selected wines to consumers. The company runs as an independent agency as opposed to distributing products from a particular channel. This enables the company to broaden its search for quality and sought-after wines.
The company sources for bonded luxury wines and champagne through a network of traders and brokers. The wines are then offloaded to individual buyers for consumption or held as stocks for sale to the speculative buyers. Specialty wines bought for resale are referred to investment grade wines. They are typically sold through auctions. The price is influenced by available supply, global demand and the popularity of the particular brand.
Just like pieces of fine art or gold bullion, investment grade wine appreciates in price over time. Reputable winemakers must make it. The wine is aged for over twenty-five years. Only about one percent of the total wines produced in the world makes it to investment grade status. UKV PLC stores wine for resale in custom bonded warehouses. This reduces the amount of tax charged to in country consumers.
The storage warehouses enjoy controlled humidity and temperature. This serves to enhance the quality of the wines, therefore, increasing their profitability. UKV PLC is an excellent choice for collectors wishing to augment their investments in wine. Besides operating a brokerage service, UKV PLC also buys vintage wines and holds it as stock for resale. The company sources investment grade and other vintage wines from select vineyards.
This includes the Bordeaux and Burgundy regions in France as well as Spain and Italy. Global demand for vintage and rare wines continues to grow. UKV PLC is well positioned to exploit this growth. Investing in vintage wines is an exciting opportunity. It allows connoisseurs to invest in products they love. It is an excellent mid-term investment. The recommended hold times is five years on average to maximize profitability.
Vintage wines consist of limited stocks. This means their value increases with consumption. UKV PLC runs seasonal promotional campaigns. These serve to educate wine lovers as well as pitch to potential investors in the luxury wine market.