Buying Wine: A luxury open to us all

There are few greater pleasures in life than being able to dip into a well looked after wine collection however, contrary to popular belief, stocking a cellar doesn’t have to cost the earth, with a little attention, it can suit most budgets and tastes.  There are three main reasons that people build collections of wine: to drink, to invest for financial gains, or a combination of the two. 

To drink

  • Having a well-chosen wine cellar can suit your needs be it for a special occasion or just for a glass of wine on a Tuesday.
  • Wines become more rare as people drink them and therefore harder to find mature wines.  The surest way of securing the best wines, is to buy them upon release and build your collection allowing it to mature.
  • If you buy your wine young, it is often cheaper than buying mature wine.   

To invest

  • Many people stock their collection with a view to making a financial return on their wine.  The simple basis for wine as investment is that wine becomes rarer as people drink their bottles, and many wines become more desirable as they approach full maturity.[1]
    • From a tax perspective, in most cases wine is considered a chattel and as such is not subject to capital gains tax.
    • If you were to buy multiple cases of the same wine and sell a portion, it can in effect, fund what you drink.

Wine range

  • Representing some of the best wines the world over.  The range includes Sassicaia, Ornellaia, Gaja and Bruno Giacosa from Italy; Leflaive, Fourrier,and Roumier from Burgundy; Château Lafleur from Pomerol, Bordeaux; Diamond Creek from California to name a few.  Truly world class names!

The Full Service

  • Armit offers storage for your wine at Octavian cellars insured and at preferential rates.  It is a bonded warehouse, meaning you do not pay taxes on the wine until you take delivery of it.  It ensures perfect provenance and traceability on all of your cases.
  • If you decide to sell your wine, Armit can offer the wine for sale on a broking basis.  We offer it to existing clients at a fee of 10% upon sale.  If it does not sell, there is no fee. 
  • We frequently hold dinners and tastings through the year.  They range from more formal dinners with a winemaker, to informal and one on one.  
  • The least tangible but one of the most important aspects.  You will be looked after by one account manager, your main point of contact for all queries, whether it is accounts, purchases, storage etc. 

[1] Please note, wine can go down in value as well as up, as with any investment.  For more information regarding investment or taxation advice we recommend seeing an independent advisor.

Telephone: +44 (0) 20 7908 0655