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INDEX Why Invest in Whiskey Today? 4 The Whiskey Industry’s Greatest Problem 7 How This Works 10 The Investment Cycle 10 Exit Strategies & Security 12 Why Irish Whiskey 14 The Market 16 Past 16 Present 19 Future 22 Whiskey Versus Other Investments 24 The Whiskey Investment Tour 32 The Long-Term Strategy — 15 Years to Turn €2,550 into €160,000 34 Call Now 37 FAQ’s 38 2 3
Acquiring aging barrels of Whiskey is a satisfying mix of risk and reward. With investors seeing returns of 10-20% per annum, it’s difficult to find (with traditional styles of investing) solid returns like these without taking on greater risk. The Whiskey market (specifically, Irish Whiskey) has annually grown by double-digits for more than two decades — and is firmly predicted by all experts to keep the same rate of growth well into 2030, and beyond! We have trusted relationships with a very select group of Irelands best distilleries (chosen by our in-house whiskey expert for their investment WHY INVEST grade whiskey and resale value). These relationships allow us to buy their newly made IN IRISH Whiskey at a substantial discount. By taking advantage of this wholesale pricing combined WHISKEY? with our economies of scale, we can pass this great opportunity on to retail buyers, investors and private collectors. Our Whiskey spirit is investment grade and Solid returns from casks of aging Whiskey poured into premium oak barrels to be securely have been seen over many years, but only stored in government-controlled, bonded and distilleries and bonders have been able to insured facilities — until the time you wish to benefit — exit your ownership. We have agreements in place with Whiskey brands who will purchase the matured Whiskey at a premium once it’s UNTIL NOW! come of age. 4 5
THE PROTECTS WHISKEY YOUR INDUSTRY’S DOWNSIDE GREATEST PROBLEM Unlike most commodities, Whiskey increases in quality and value as it grows old. It’s also a major exported product, where demand greatly Because Whiskey, by law, must be of a certain outstrips supply. The Irish variety is the fastest age before it’s sold — and even older to be growing brown spirit in the world. The Whiskey considered a desirably smooth product — industry in Ireland is set to soar above €1 billion Whiskey producers must maintain large stocks euros per annum — and doubling again by inside warehouses, waiting five or more years 2030! There simply isn’t enough mature Irish for it to mature before it’s ready to pay the bills. Whiskey available to supply the market today This is the way the industry’s run for centuries. — certainly not in 5- or 10-years’ time. It’s far wiser for the Irish to produce slightly less over the next decade rather than more. This strategy creates a buying frenzy and forces TWO prices up in the same way it has done for Japanese whiskey. The Irish know this and have MODELS set themselves up for a very lucrative future. were developed to bridge this gap. 6 7
MODEL TWO COLLECTORS, INVESTORS & PRIVATE LABEL MODEL While some Whiskey producers have enough personal capital where it doesn’t require bank financing, they are still business savvy and would opt to cover all ONE running costs over that 5 year period if they could. Some produce a Gin or Vodka which can be sold right away to bring in cash flow. Some even produce craft beer for the same reason. Whiskey distilling takes time to turn a profit! There is another strategy some of in place and have the resources and BORROW CAPITAL FROM A BANK... the savvy distilleries like. They enter clients to allow them to buy the said ...such as Royal Bank of Scotland. into a contract to sell a percentage percentage of production at ultra of their production to a whiskey wholesale rates. We put a fair market Some Whiskey producers do not like this broker/bonder such as Whiskey & margin on top and offer these cask option due to volatile borrowing rates, and Wealth Club. Using say 25% of their of whiskey to private collectors global crises which cause banks to make rash production as an example. They can and investors. It’s a very interesting decisions. lay down 75% of their production strategy to buy whiskey cheap. Sit A third reason producers dislike this model is for the 5 year maturation period to on it for a few years and sell at such a that bankers can call in the debt at any time — be later used in their own bottling, time it becomes more valuable. sometimes forcing a Whiskey producer to sell While simultaneously selling the everything to pay the debt, possibly shutting other 25% right off the still (the day Even owners of grocery stores, hotel them down or pushing them into bankruptcy. its made) to The Whiskey & Wealth and pub chains love this option. They Club. This gives them instant cash can buy whiskey while its cheap, and Some investors assume bank-lending is the flow to cover all the day to day then bottle and label it in their own most logical option until they fully understand running costs of a distillery. Whiskey brand in 3-5 years time for less than the risks at play. But if bank-lending was always & Wealth Club are fortunate to be in they pay for the mainstream Irish the best answer, investors wouldn’t exist. the position to have such contracts Whiskey brands. 8 9
HOW IT WORKS THE CASK INVESTMENT CYCLE LOOKS LIKE THIS 4: AGED VALUE In 5 years’ time (after deducting “the angels’ share” — a maximum 2% per annum rate of evaporation) you will have roughly 385-410 70cl bottles of Irish 1: PRODUCTION Whiskey (46% ABV) per cask owned. If we assume The Whiskey is made and produced at our the lower amount (385 bottles) and divide that whiskey experts, carefully selected pick of Irelands best distilleries.— So you can be certain of by your total costs across five years, the cost per consistent, premium spirit in every cask. We hand bottle is little more than €6! In contrast, some select and source the very best oak casks (with full 5-year-old Irish Whiskey is currently selling retail in traceability) to ensure the right type of maturation. 2019 for €80 a bottle. Should you wish to continue the aging process — increasing the value of your investment — additional years for storage and insurance are only €50/year (per cask). 2: ULTRA-WHOLESALE We buy this Whiskey in bulk, at heavily discounted, ultra- wholesale rates based on economies of scale and long-standing agreements with this distillery. We organize insurance and storage in a bonded warehouse geographically suited to the style of whiskey. This ensures we give the whiskey the right 5: EXIT STRATEGIES conditions to mature into a premium investment grade whiskey. If you wish, you can exit the investment at any stage. While Whiskey certainly increases in value and desirability each year, there will always be a market for Whiskey of any age. Considering the high growth seen in this market during the previous two decades, we feel there will certainly be a huge demand in Ireland for your premium mature Whiskey. And the longer you 3: WHOLESALE INVESTMENT OPPORTUNITY wait to age the Whiskey, the more sought after and valuable This is where you come in. Each cask is offered at a very affordable it will become. This is the type of investment you can sit on — wholesale rate starting at just €2,550. Our price covers the cost relax and let it age until you need the capital. Some investors of the 200-liter oak cask, It also includes the 200 liters of Whiskey purchase a cask for each grandchild so that when they come inside the cask, plus storage and insurance for 5 years. The Whiskey’s of age in 20-30 years, the casks value can be redeemed and put title and ownership is given to you, making it an asset-backed towards a prominent family investment such as a family home. investment while also giving you the freedom to sell at any time. 10 11
EXIT STRATEGIES ARE PLENTIFUL As Whiskey brokers that deal with the private label market, we have whiskey buying options coming across our table on a weekly basis. Some for large volumes and some for smaller stuff. Whiskey is a consumable product, meaning as we sell whiskey and it›s consumed, we have to fulfill more orders. So in 3- 5 years time, or whenever you decide to exit the ownership in the whiskey. Speak to us and see what options we have available. Here are some example options we have available at the time of printing this brochure in early 2019. a. We have an agreement with a roughly €79.95 a bottle. (This particular Whiskey brand who is not unusual – many new c. You can also sell your Whiskey to embark down this road. desire aged Whiskey. They will distilleries are selling at this on auction websites to collectors (Typical bottling costs are €2.50 write an agreement to buy your range) After costs such as tax, and other investors, or to other per bottle.) There are so many Whiskey, once it’s aged 5 years, distribution and retail mark-up, distilleries and brands who need options. This is a market we work for €4,100 per cask — a 60.7% they estimate at least €33-39 stock (most do). You may sell to in daily, and should you wish ROI, which is 12.14% per annum. in profit, per bottle. If your cost to avail of our services for the for this investment is roughly private labels such as grocery b. We also have a brand offering resale side, we change a small €6 per bottle, this strategy will stores, hotel chains, and so forth. a profit-sharing strategy: They 2% commission on the total bring back roughly €17, plus You can create your own brand, will pay for the bottling and sale price your name on each bottle. It’s a bottle it and sell it through our marketing and will handle the longer strategy with more than Disclaimer: Like anything in life, nothing is distribution partners — or you guaranteed. America (Irelands biggest export distribution channels, then split a 270% ROI! This deal is available market) could change laws and reinstate can keep the bottles for friends Prohibition again. Other countries could follow suit the profits 50/50. to investors with a set minimum which would cause an oversupply of the market and bring whiskey pricing down. It›s unlikely but and family to give as gifts. We could happen. Companies wanting to come to They will sell your 5-year-old number of casks to make this a deal today to buy your whiskey could be out can help with the bottling and of business in 5 years. Past sales prices are no Whiskey as a limited edition for an economic strategy. guarantee for future sales prices. Always seek distribution should you wish independent financial and legal advice. 12 13
WHY IRISH WHISKEY? DON’T SLEEP ON THE IRISH. According to Fortune magazine, Irish Whiskey has been overshadowed by it’s Scottish, Japanese and American counterparts from an investment standpoint. But long-time writer for the Whisky Advocate Johnny McCormick predicts that’s about to change. Irish Whiskies breakout moment for investing is coming. Making today a great time to get in on the ground floor: “The Irish market is going to be really big over the next decade.” There’s a shortage of Irish whiskey on the horizon as production simply can’t keep up with demand. The Irish Whiskey market has been aggressively growing at an unprecedented 12.5% p/a every year for the last 21 years! Yet it’s nowhere near its historic market share. 14 15
Other issues around this period such as the famine where Ireland lost nearly 50% of its population, along with the Irish Independence War with Great Britain which caused a trade war and subsequently resulted in Great Britain placing a trade embargo on Ireland’s exports to all Commonwealth Countries (Ireland’s biggest trade partner). Around the same time, America (Ireland›s THE MARKET second-biggest trade partner) prohibition. This all but decimated the fell into weakened Irish Whiskey’s market. Americans could no longer buy it and Commonwealth PAST countries were blocked. Sales fell by 99%! This rapid decline in Whiskey sales coupled with a trading embargo to commonwealth Irish Whiskey was once the highest selling spirit countries paved the way for Scotland, a in the entire world, outselling Vodka and Gin much smaller Whiskey country to emerge by large volumes! It was close to 70% of all and dominate the market. Distillery count global whiskey sales! Today it only represents in Ireland fell from hundreds to a mere 4%. What happened? four (Jameson’s, Powers, Cork Distillers & Bushmills). Jameson & Powers merged with A decline began in the late 1800s due to several Cork Distillers to form Irish Distillers in 1966. factors. Namely Irish distilleries not wanting to Later, in 1972, Bushmills joined in, giving Irish adapt to new technology such as the Column Distillers total control of all Whiskey made still. This was a far more efficient way to make on the island of Ireland (both in the Republic whiskey, but the Irish slammed it as «not real of Ireland and Northern Ireland). Had this whiskey» and called it «silent spirit». The Scotch “joining of forces” to get through those dark adapted this new technology and started to times not taking place, Irish whiskey would produce a more cost-effective and lighter very likely have all but disappeared tasting blended whiskey. 16 17
In 1988, French giant Pernod Ricard million. Bacardi then bought into a bought Irish Distillers and all the brands Dublin based Distillery. Jack Daniels’ associated with it (Jameson, Bushmills, owners Brown-Forman created Slane Middleton, Redbreast, etc.). Distillery in 2015 for their stake in the Irish Whiskey boom set to take place. By the 1980s, Ireland was producing only Bushmills was sold to Diageo for €200 2 million cases per year — of which, 50% million in 2005, then Tequila giant Jose were sold domestically. The remaining Cuervo bought Bushmills from Diageo 50% were sold in Irish pubs around the in 2014. As quickly as brands became world. During the same era, Scottish popular or available for sale, the big boys whisky sold over 100 million cases per THE annum around the world, making the were gobbling them up as Irish Whiskey emerged once again as a global player. Irish Whiskey market only 2% of the MARKET Scotch market. But with conglomerates Fast forward to 2018: Over 10 million such as Pernod Ricard heavily invested cases of Irish Whiskey are sold each year PRESENT into Irish Whiskey, along with some — a growth of 500% since the 1980s! competition starting to arise by way of Showing an average growth rate of over other Irish whiskey distilleries, a huge Irish Distillers enjoyed this monopoly on 13% per annum, with distribution now in Whiskey for nearly 30 years until Cooley resurgence was underway to bring Irish 140 countries, Irish Whiskey is coming Distillery in Dundalk started. This was the first Whiskey back to its former glory as the independent distillery to open in Ireland, and back in a big way. Countries such as take on the Irish Distillers monopoly, in nearly main player in the Whiskey market. 70 years! Russia and Asia are beginning to show In 2012, Jim Beam Suntory bought their heads as huge markets for the Cooley Distillery for a reported €73 future yet virtually untapped at present 18 19
There are four forces driving the Whiskey market growth: 1. Since the early 2000s, young drinkers are choosing brown spirits — plainly, Whiskey is cool once again 2. Emerging middle classes around the world 3. The opening of Eastern Europe and Russia 4. €2.4 billion invested by Pernod Ricard into production and global advertising of Irish Whiskey — along with over €1 billion committed from the Irish Whiskey Association Very recently, UFC fighter Conor McGregor released his own brand of Irish Whiskey. With the success of his brand, Proper 12, they have aggressively bought up most mature stocks across Irish bonded warehouses to meet his huge demand. Having 30 million followers on Instagram helps create a buying frenzy! This will further hurt the supply issue for other brands, as demand increases globally for Irish Whiskey without the supply to back it up. This is, however, a great predicament for investors who happen to be sitting on Whiskey while it ages — confident in the future of the market. 20 21
Today, Japanese Whiskey sells for €100 a bottle, compared to Scotch and American Whiskey selling at €20, and Irish Whiskey which sells at €40. Even more compelling is how Japanese law allows purchasing of Irish or Scotch Whisky to blend in with Japanese Whiskey! Whereas the Irish cannot buy from Scotland, America or Japan to help meet their demand, as Irish law only allows Whiskey made in Ireland to be sold as such. For Ireland to become a “Stable market” by way of supply keeping up with predicted demand. Experts say that we must have 900 Million LPA (Liter of Pure Alcohol) stored away. With all distilleries opened or planned to open and producing at full THE capacity, Ireland will struggle to produce even 120 million LPA. And currently, we are producing nowhere near this 120million. MARKET The future looks very bright, with experts predicting Irish Whiskey to become the most valuable of all whiskeys. The first bottle of a 3-year-old Dublin FUTURE whiskey sold for $10,000 at auction in September 2018. «The potential [growth] is massive when we compare Ireland to Scotland — with over 130 Irish Whiskey sales are expected to hit 12-14 Scottish distilleries in operation,» says Irish Whiskey million cases by 2020. This kind of demand, Association Chief Executive Miriam Mooney. Export considering the supply available, forces prices sales for Irish Whiskey will double by 2020 and up the same way it has with Japanese Whiskey. double again by 2030, the organization predicts. 22 23
WHISKEY V S W I N E WHISKEY VS. OTHER INVESTMENTS “Whiskey has become a tradable commodity like gold or oil — which is sad, as it’s meant to be shared and enjoyed with friends. We make it for people to drink,” says Ian McClune of Whisky Auctioneer. The fact that Whiskey doesn’t tend to evolve once bottled, meaning it has a far longer lifespan than wine, adds to its investment allure. “Whisky is viewed as a much safer investment than wine, and also a more accessible investment for new collectors,” says McClune. 24 25
What does wine require to develop into a Let’s say you want to produce a cost-effective valuable commodity? More than anything, it (“cheap”) Whiskey. You might use cheaper takes a season of near-perfect weather. You ingredients, and buy a used barrel that’s stored must account for many factors, including Whiskey or another spirit five times before — this is called a 4th-fill barrel. The wood in this the winemaker, the terroir, the amount of barrel has little left to give, as all the color and tannins in the bottle, the aging process, flavor has been extracted over the years by the the supply, the demand, the vineyard’s previous spirits. Now, to buy an older barrel is reputation, the branding, and more. Yet, roughly 10 times cheaper than buying a virgin the main drawback of investing in wine is (or 1st-fill) barrel, and the finished product the way it continues to age inside the bottle which comes from this old barrel can legally — leaving it vulnerable to spoilage. As Ian be sold as Irish Whiskey. The product, however, McClune said, Whiskey doesn’t evolve or will not be very desirable. It will have a harsh age while in the bottle, so the lifespan, as an alcoholic taste, much like it had when it came investment, is far greater. off the stills. Combining quality wood and ample time is key to making a smooth and Did you know you can take two lots of the valuable Whiskey. exact same Whiskey f rom the exact same A final comparison might look at the supply and batch and put them in two different barrels demand of each product. In the wine-making and receive a vastly different product in 3 industry, there is a lot of competition, with years? While quality ingredients and proper over 1 million commercial wineries around the distillation are important keys in Whiskey world (more than 5 million when you include production. Another key secret is in the smaller family-run operations). So, supply bonding process. If you invest in new 1st f ill outstrips demand in a big way! Distilleries, on oak barrels and allow ample time to age, the other hand, are less than 1,000 globally — you can create a safe, long-term strategy with less than 20 in Ireland. So, demand in this that aims for both value and quality. industry far outstrips supply. 26 27
FTSE VS IRISH WHISKEY Yet with Irish Whiskey, a €2,550 CASH IN THE BANK investment today in a single cask of To put this f igure into some kind whiskey can (based on recent sales of perspective, data scrutineer f rom 2017), in just 24 years, command Moneyfacts calculates that had a staggering €163,636. This is based you left £2,550 in the average easy off a recent €450,000 sale for a single access savings account over the Port Pipe cask of Potstill Irish Whiskey same period it would now be worth f rom Co Cork. A Port Pipe is roughly £8,670. However with inflation at 3.4% 550 liters whereas our casks are 200 per annum according to the bank According to Sally Hamilton for The Mail liters. We’ve even seen 15-year-old of England, leaving your cash in the On Sunday, The FTSE is, in effect, a weather Co. Cork Potstill Whiskey (200liter) bank over that period of time, you vane for business, responding to political, selling for similar prices at the would have gone backward. economic and global events. But on closer €160,000 mark. Drastically different Disclaimer: Past sale prices are no guarantee inspection, it is not a good measure of the than waiting 35 years for 4 times less. for future sale prices. long- term investment gains earned by investors. Looking at the rise in the index as a whole, it would appear an average investment would have risen by only 6.8 times in 35 years – turning £2,550 into £17,340. Had you been shrewd enough to reinvest all dividend prof its over this period, it would have yielded 17 times your money giving you a grand total of £43,350 over 35 years. A skeptic might ask, “well what if you put it into the FTSE 100 choosing the best performers rather than the entire All Share FTSE index”. Well, unfortunately only 30 of those top 100 companies are still in business f rom 35 years ago. 28 29
LONDON fastest annual rate since the depths of the financial crisis according to the Office For REAL ESTATE National Statistics. Whiskey, however, is the type of investment VS IRISH that increases in value the more it ages. 98% of the global whiskey market is currently selling WHISKEY Whiskey aged 3-8 years. Whiskey brands like Jameson and Johnny Walker are in the business of volume. Storing Whiskey long term, while highly lucrative, doesn’t generate revenue Real estate is traditionally considered a smart anywhere close to what they can make selling a long-term investment, but still has its issues 3-5-year-old blended Johnny Walker Red in bulk. many investors do not properly calculate into The ability or willingness to maintain supply at the returns. If you’re purchasing property for the mature end of the Whiskey market is dry. investment purposes, you must account for Even 3-year-old Whiskey is of more value maintenance costs, tenant issues, property than most Whiskey made today. Today’s batch manager’s fee’s, multiple insurances and more of Whiskey can’t legally be sold as “Whiskey” — costs which reduce rental income in most cases to less than 3% per annum. When looking until it’s been aged in wood for 3 years + 1 day. at appreciation, it a good steady market it may Owning a supply of aged Whiskey (even 3 average out to 7% per annum. Of course, this years old) is highly valuable to brands looking to depends upon the supply and demand of each buy to meet global demand, such as new market. More immigration to a market can distilleries or producers who are waiting for inflate demand, whereas a halt on population their supply to mature. Ireland alone has 18 new growth like we›re set to witness with Brexit distilleries planned over the next decade. This can dramatically stunt the Real Estate market. moment is a rare time in history to be involved House prices in London for 2017 fell at the in such a market 30 31
THE WHISKEY TOUR EXPERIENCE Imagine a tax-deductible trip to rural Ireland to see a commercial distillery behind-the-scenes. A beautiful drive out towards the countryside to visit one of Ireland’s largest distilleries. See the trucks of grain and malt unloading, the ancient methods of making Whiskey paired with the convenience of modern technology, ensuring ultimate consistency. A rare chance to peek behind the curtains where the magic of Whiskey takes place. Spy on the Whiskey being filled into casks, followed by a guided walkthrough of the bonded warehouse where the Whiskey will be laid to rest for many years to come. Allowing the flavours of the oak cask and the Irish climate to do its job. The next stage takes you out for lunch, followed by a Whiskey blending course which certifies you as a trusted Whiskey expert. Dinner that evening with fellow investors creates special opportunities for networking and meeting new friends while you get to know our team in a more personal and intimate setting. Finally, a full Whiskey presentation is provided the following morning with a full spread of breakfast before you depart that afternoon 32 33
THE LONG As reported by Scotchwhisky.com, Our Founders parents love to rave TERM we’ve seen recorded sales of Irish Pot about how they bought a house 45 still whiskey selling for very healthy years ago for £9,000 and today it›s STRATEGY sums from back in 2017 when they worth £245,000. Yet, when you add went on sale. in ongoing costs like homeowner›s A 12-year-old cask selling for €75,000 insurance, property tax, 45 years worth 15 YEARS TO A 15-year-old selling for €320,000 for of maintenance and so forth, it›s not as exciting a return over 45 years. 400liters (€160,000 for 200liters) TURN €2,550 INTO We’ve even seen just 80 liters of With a recorded sale of 80 liters of €160,000 Potstill from in 1984 sell for €330,000 33-year-old whiskey selling at €330,000 (only 33 years old!) and a purchase price today of only Assuming you kept 10 casks and €2,550 for 200 liters, you can quickly do Assuming you have time on your hands, are achieved a similar price of €160,000 at the math on Real Estate vs Whiskey. planning your retirement or if you wish to leave 15 years, your remaining 10 casks would a legacy for your grandchildren, or perhaps a be worth €1.6million favorite charity, a longer-term strategy might DON’T FORGET INFLATION interest you. Assuming you invest in what we The price at this age is so high due Based on 3.4% inflation, what is call a single unit. Which is 10 pallets. With 6 casks to 98% of whiskey being sold at a €330,000 today in 2019, would actually per pallet, this equates to 60 casks. Hold all 60 younger age. Given the limited quantity be €1,008,291.64 in 33 years. You see, a casks for 5 years. Then release 50 with the aim of such a rare Whiskey, the auction to recoup the entire investment plus a healthy cask of Whiskey 33 years ago was not houses will go crazy to get their hands return on investment (ROI) across all 60 casks. €2,550 like it is today — it was more on such cask. like €650 ¬— A truly exciting opportunity With the remaining 10 casks, opt to hold them And this doesn’t even consider for the far-sighted investor, yet still for another 10 years or longer in the bonded inflation. This is based off today’s incredibly appetizing for the short- warehouse. Maybe you put them into your selling prices— not what such a term players too. children’s name, keep them for the golden years Whiskey will be worth 15-35 years into of retirement, put them into your grandchildren’s VERY IMPORTANT: We do not sell the future as prices inevitably increase name or even your favorite charity to leave a single casks of Whiskey. We have a with the 3.4% standard inflation. lasting legacy. €2,550 investment with the potential minimum purchase order. Please speak to yield €160,000 in 15 years looks an to our team to see stocks available and exciting opportunity. volumes we can sell. 34 35
LONDON 020 3129 1639 WE ARE CALL NOW HERE TO HELP We only have a finite amount of casks available DUBLIN for the private investor market. To secure your spot in this limited opportunity, 01 4378535 call now to speak to one of our whiskey specialists 36 37
HOW DO I KNOW I HAVE WHAT IF THERE IS A FIRE GENUINE OWNERSHIP? OR THEFT? FAQ’S We purchase the casks under our bonded tenancy agreement with the Your Whiskey is insured against fire and theft for their value at that time. Irish Revenue Commissioners and the Each year we reassess the value of the distillery. We then have a legal contract in whiskey. In the very unlikely event that WHAT IS A BONDED WAREHOUSE? place granting you full-unencumbered your casks are damaged, stolen or the ownership of each cask you purchased. warehouse catches fire, your Whiskey A bonded warehouse is a tax-free storage location. All cask numbers are registered with the will be replaced by a cask of equal value. Duty and tax payable on goods held there are Irish Revenue commissioner, we also The last Whiskey warehouse fire was deferred until the goods are shipped out, usually keep a record as does the distillery. in 1875, so this is highly unlikely. There by a professional blender who acquires your is no bootlegging secondary market We maintain a register at The Whiskey for Whiskey, therefore, the theft would Whiskey for bottling when it is mature. Because & Wealth Club. Each cask is numbered, make no sense. Whiskey is all recorded of the high potential tax take from alcohol, held in the bonded warehouse. In with the revenue commissioner. It addition, you will receive a Title Deed bonded warehouses are closely monitored by the cannot be sold anywhere unless they so there will never be any doubt which government and are among the safest of storage get their cut. Everything is tracked. casks belong to you locations for goods. In addition, your Whiskey is Whiskey casks are heavy and require trucks and machinery to remove them, insured against loss or damage. WHAT IF THE BONDED with 24/7 security and no reported WAREHOUSE GOES theft in the history of the warehouse. WHO IS THE INSURANCE COMPANY? OUT OF BUSINESS? The warehouses in 2018 are all This is highly unlikely given the people fire regulated and have sprinkler The insurance company we use is Aviva plc. and the capital where your Whiskey will systems installed. There are millions With over 33 million customers, operating in of euros in stock sitting in these be stored. However, in such an unlikely 16 countries and close to £50billion in annual event, you can simply move your casks warehouses revenue, they are one of the worlds largest and to any other bonded warehouse facility in Ireland, of which there are many. And most trusted insurance companies increasingly more are coming online as the Whiskey market continues a resurgence to its former glory 38 39
W H I S K E Y & W E A LT H CLUB LONDON DUBLIN 1 Fore Street Ave, London, 20 Harcourt St, Dublin2, EC2 9DT, UK Rep Of Ireland T: 020 3129 1639 T: 01 4378535 www.whiskeyhealthclub.com invest@whiskeywealthclub.com
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