Storing Your Wine with AWC
Wine Storage with AWC Fine Wine
AWC's specialist storage provides the perfect environment for anything from single cases and start-up cellars to large, established collections.
Whether you are a private or corporate client, interested in storing fine wines for investment or for enjoyment, AWC's experienced team will take care of your valuable collection.
Benefits of Storing with AWC Fine Wine
Storing your wine with AWC offers the following benefits:
- Secure, monitored storage.
- Ideal, temperature and humidity-controlled storage conditions.
- Storage for both in-bond and duty-paid wines.
- A single inventory listing.
- A single custodian.
All wines stored with AWC are insured at full replacement value. Condition reports are also available, including digital photographs of any/all wines (additional charges apply). In-person viewings can be arranged by appointment.
Please note that storage is only available for full cases.
Wine Storage Fees
The following fees apply to our UK storage facility for wines purchased through AWC and are payable on release of the wines. For Hong Kong and New York storage rates or wines purchased elsewhere, please request a quote.
- From GBP £12.50/case per year.
- From USD $23.00/case per year.
- From EURO €18.00/case per year.
- Nursery cellarage for single-case cellars.
- Reserve cellar space for start-up cellars.
- Confined cellarage for established cellars.
- Fully environmentally controlled storage conditions.
- Complete, monitored security.
- All bottles stored horizontally.
Contact our wine advisors today to discuss storage options suitable for your collection.
Bonded storage refers to a building or other secured area in which dutiable goods may be stored without payment of duty. Normally when goods are imported into the EU, customs duties should be paid before the goods can be stored. However, in a bonded warehouse the payment of duty can be postponed for an indefinite period. EU-applicable customs duties (including VAT) need only be paid when the goods are removed from bonded storage into 'free circulation' in the EU.
This means that if the final destination of your wines is a non-EU country, they can be transported under customs bond from the warehouse to that country, where local customs duties and VAT at import are subsequently paid (or the wines are stored in another bonded warehouse as applicable).
For more information about storing and moving your wines, please contact us on +44 (0) 20 3219 5588 or email@example.com.
- How should I store my wine?
Wines should be kept away from direct sunlight, heat, vibration and most importantly, temperature fluctuation. Keep the bottles lying on their side so the cork stays moist and does not dry out. This includes champagne.
If you have a cooling unit, cellar temperature should be maintained at 55°F (13°C), with 70% humidity. Humidity can protect the corks from drying and becoming brittle, which might cause premature aging.
- Do I need to rotate bottles in my cellar periodically?
You do not need to rotate your bottles. When the bottles lay still, the sediment collects on one side and the wines do not become cloudy or chewy. Furthermore, there is evidence that vibration or other disturbance of older wines can lead to premature aging.
- What is the anticipated maturity of my wine?
This is entirely dependent on the wine and where it is from. The greatest Bordeaux vintages can produce wines that reach ideal enjoyment at anything between 20 to 50 years of age. In general white wines mature at a faster rate than red wines but there are notable exceptions, such as fine sweet wines which can develop and improve over decades, if not centuries. Personal taste will also influence when a wine is ready to drink.
- Some of my bottles are not as full as the others. How important is the fill level?
The level of wine in the bottle is a good indication as to how the wine has been stored. If a wine has been stored upright or at the incorrect temperature, ullage (loss of wine) can occur. The fill level is important as low levels can lead to spoilage of the wine due to oxidation. However, it is possible to top up and re-cork bottles. We will be happy to advise you about this process.
- How does temperature affect wine and what is the best suited cellar temperature to mature fine wine?
The ideal temperature is 10°C (50°F) to 13°C (55°F), but several degrees either side of this is quite safe. Provided the wines do not freeze (at some way below 0°C/32°F), then it is quite safe for temperatures to drop lower than the ideal.
High temperatures can cause more problems. The wines most likely to suffer from high temperatures are aromatic white wines and Champagne, both of which are likely to lose some of their freshness and character. Any older, more fragile wines would also suffer in such conditions. Temperatures above 20ºC (68 F) rapidly sound the death knell for most wines. As a general rule, the higher the temperature, the less exposure is required to kill the wine. Just a short exposure to a temperature of 30ºC (86 F) can damage a wine.
- How do changes in temperature affect wine?
Temperature fluctuation is a great concern. The constant change in temperature experienced by a bottle of wine living next to the cooker or radiator results in an inexorable expansion and contraction of the wine cork. It may expand so much as to allow wine to seep around the cork. As the wine contracts air will be drawn in. The wine will rapidly deteriorate, taking on cooked and oxidised flavours.
Seasonal fluctuations over the course of the year (cooler in winter, less so in the summer) are of no consequence, provided the absolute temperature does not rise too high, as the change is too gradual to have any great effect on the wine.
If you have any further questions regarding the optimum storage of your wines, please contact us on +44 (0) 20 3219 5588 or firstname.lastname@example.org.
- These terms and conditions
1.1 These terms and conditions apply to any storage, safeguarding or similar services provided by us AWC Global plc (“we” or “us”) to you, the customer (“you”), whether or not we have sold you the wines we have agreed to store for you.
1.2 We shall not supply such services under any other terms and conditions which you may supply or seek to impose on us.
- Placing wines into storage
2.1 In order to place wines in our storage facility you will need to notify us:
2.1.1 when agreeing to buy the wines, where you opt for us to immediately store wines you have bought from us; or
2.1.2 in any other case at least 14 days in advance of sending the wines to us for storage.
2.2 Once you have notified us and we have agreed to store the wines on your behalf we will inform you of the address of our storage location.
2.3 Unless we have agreed to arrange for collection or we have sold the wines to you and are placing the wines immediately into storage, you will be responsible for sending the wines to us for storage. You will also be responsible for insuring the wines in transit.
2.4 Please note that we will not inspect wines when sent to us for storage, nor will we take any steps to verify the authenticity, provenance, quality or condition of the wines when placing them in our storage facility or while storing the wines. We may (at our sole discretion) agree to carry out such an inspection and to supply a condition report to you but such services will be subject to additional charges and terms.
2.5 If you have purchased the wines from us and we have agreed to store them on your behalf then we will arrange for them to be delivered to and placed in our UK storage facility. You may be responsible for delivery charges where you have requested that the wines are held at one of our storage facilities outside the UK.
- Taking wines from Storage
3.1 You will be entitled to collect any wines we are holding in storage for you, either in person or through your nominated agent, by giving us at least 14 days prior written notice.
3.2 All fees and charges owed to us must be settled in full before you will be permitted to remove wines from storage. Where wines are held in a bonded storage facility (duty and VAT unpaid) you may be required to pay duty and VAT on the wines in order to remove them from the facility.
3.3 You agree to attend the facility and collect the wines on the date agreed. We may agree, as your agent, to arrange for delivery of the wines to you, in which case you will be responsible for all delivery costs.
- How we store the wines
4.1 You agree that our storage facility may be owned and operated by a third party and we reserve the right to change the location of our storage facility at any time provided that we store the wines in accordance with these terms and conditions.
4.2 Please note that we also reserve the right to store your wines at different locations provided that where we do so and you wish to withdraw wines held at different locations from storage we will arrange for them to be available for collection at a single location.
4.3 We agree that your wine will be stored in accordance with industry standard environmental conditions for fine wine.
- Fees and charges
5.1 Unless otherwise agreed by us in writing, our fees and charges for storage will be as set out on our website. These fees and charges will be specified as an annual fee. Our fees may be revised from time to time 90 days after we supply you with notice in writing of the forthcoming fee change.
5.2 Please note that unless otherwise agreed by us in writing, we will invoice for our storage fees annually in advance on 1st January each year and invoices shall be payable immediately. The first such invoice shall include the pro rata charge due for the period from the month of receipt to 31st December.
5.3 Our minimum charge for storage is equal to the annual fee and accordingly we will not refund a pro-rata amount of the annual fee in the event that you remove wines from storage during a storage period.
- Ownership and insurance
6.1 You will retain ownership to all of the wines we hold on your behalf at our storage facility, subject always to our rights under clause 7 below.
6.2 We agree to arrange for the wines held on your behalf to be insured at their estimated replacement value. Please note that the insurance will be provided by a third party insurer and will be subject to various exclusions and limitations. We will supply a copy of these exclusions and limitations to you on request. You agree that we will not be liable for the replacement cost of any wines where any loss or damage is for any reason not covered by the insurance.
6.3 You hereby agree that we may contact you to make an offer to purchase from you any of your wines held in our storage facility or to advise you of a potential third party purchaser. To opt out of this service, please contact your account manager, call +44 (0) 20 3219 5588 or email email@example.com.
- Unpaid fees
7.1 In the event that any amount is owing from you to us (whether that amount arises under these storage terms or for the purchase of wines from us or otherwise) then you agree that we will have the right to dispose of the wines we are holding on your behalf in order to settle the amount you owe to us in accordance with the following terms.
7.2 If any payment or liability owed by you to us is overdue for 21 days or more then we will be entitled to dispose of the wines held by you in our storage facility.
7.3 In order to exercise our right to dispose of the wines to settle your outstanding liabilities we will send written notice to your last known invoice address of our intention to dispose of the wines held by us on your behalf. Seven days after sending such notice we will be entitled to dispose of some or all of the wines held by us unless we have received payment in full. Any method of resale or disposal is entirely at our discretion.
7.4 After we have disposed of the wines held by us on your behalf, we will deal with the proceeds of sale as follows:
7.4.1 Firstly we will deduct 20% of the proceeds of sale to discharge our costs in effecting the sale and you agree that this is a reasonable pre-estimate of our costs in dealing with such resale;
7.4.2 Secondly we will deduct any sums you owe to us from the balance;
7.4.3 Any amounts remaining will be held by us on trust for you. We will notify you of the amount we are holding on trust for you and you will be entitled to collect such sum from us.
7.5 Where we hold sums on trust for you, we will not be obliged to pay interest on any sums so withheld over and above the ordinary interest collected on the bank account where such surplus proceeds are held.
7.6 If any outstanding balance remains owing to us after any such resale then this shall remain payable by you.
7.7 Our right of resale does not affect any other remedies we may have.
7.8 We will be entitled to charge interest on any sums owing to us at the rate of 5% above the base rate of Barclay’s Bank plc applicable at the time.
8.1 Our liability in connection with these terms and conditions is limited to:
8.1.2 In the case of loss or damage to the wines the replacement cost of the wines; and
8.1.3 In any other case an amount equal to the total fees and charges paid by you for storage in the previous 24 months.
8.2 This does not include or limit in any way our liability to the extent that it may not be excluded or limited as a matter of law.
8.3 We agree to hold and store the wines only and, for the avoidance of doubt, we will not be liable for any maturing, ageing, decomposition or deterioration of the wines unless such damage arises directly as a result of our breach of clause 4. We are not responsible for advising you about maturation dates for the wines nor are we obliged to provide you with any outside information relating to the wines held by us including financial, price or market information.
8.4 We are not liable for any indirect or consequential loss or damage or for any loss of data, profit, anticipated savings, reputation, bargain, opportunity, revenue or business however caused, even if foreseeable.
8.5 We will not be liable for any failure to perform our duties under or in connection with this agreement for any reasons which are beyond our reasonable control. This may include any failure on the part of our designated keeper or facility which is outside of our control, as well as strikes, lockouts or other industrial action; civil commotion, riot, invasion, war, threat or preparation for war; fire, explosion, storm, flood, earthquake, subsidence, epidemic or other natural physical disaster.
9.1 We reserve the right to alter these terms and conditions at any time. Any such changes will take effect when posted on our website. It is your responsibility to read the terms and conditions on each occasion the website is used or products placed in our storage facility. Your use of the website or your agreement to place wines in storage with us shall signify your acceptance to be bound by these latest terms and conditions.
9.2 If any provision of these terms and conditions is held by a court or other competent authority to be invalid or unenforceable in whole or in part the validity of the other provisions of these terms and conditions and the remainder of the provision in question shall not be affected.
9.3 These terms and conditions should be governed by the laws of England and Wales and you agree to the exclusive jurisdiction of the courts of England and Wales.