Our fees and charges may change from time to time. Please be informed this is for public knowledge and the company holds the right to change or amend these fees at anytime without prior notice.
FINE WINE TRADING FEES
I. Admin Fee
> This fee is to cover the costs of administration and logistics of the wine by Sure Holdings. This charge occurs once at the time of purchase and once at the time of sale.
AMOUNT = 1% of the wine value purchased
II. Storage and Management Fee
> Charged bi-annually for the proper storage of wines in either our London or Bordeaux warehouses.
> Insurance is included in the storage fee.
> Also inclusive is our management fee which covers the active management and logistics of the wines in your portfolio
Wines in London GBP (£): Wines in Bordeaux EURO (€):
0.475% every 6 months 0.55% every 6 months
(Or 0.95% per year) (Or 1.10% per year)
III. Transfer of Wines out of Sure Holdings
> This fee relates to the removal of wines from Sure Holdings management service.
> This fee will not apply if the wines are sold via Sure Holdings.
AMOUNT: 5% of the current wine value. Delivery charges are not included in this fee.
IV. Condition Report Charges
> Where necessary, we ensure that professional wine storage operators examine, and report on, the condition of the wines. This is performed for wines that are:
- Vintages 10 years or older; or
- All incoming stock received effective 15th November 2013
> These reports will be repeated on a wine every 10 years in storage.
Wines in London GBP (£): Wines in Bordeaux Euros (€):
£7.00 per full case or €8.00 per full case or
£7.00 per half case €5.00 per half case
> On our trading platform, commission is built into the buyer and sellers price. We are proud to maintain the lowest commissions in the industry.
AMOUNT = 2.5% of the wine value