“As a prolific investor in commercial property, I also enjoy collecting classic cars as it’s a passion of mine but also enjoy the capital gains tax benefits it has afforded me. I have recently started a fine and rare wine investment portfolio primarily for the tax-efficient gains that are available.
Through mutual friends, I became aware of London Barrelhouse and am pleased to say that they are now one of my commercial tenants in one of the several buildings I own in the London/Essex area. As I got to know them what struck me most was not only their knowledge and professionalism but their passion. So, with great enthusiasm, I ventured into the world of fine wine.
After explaining the whole process to me and showing me where I could avail myself of some valuable bed-time reading, I realised very quickly where the passion of wine ownership comes from and I am now acutely aware of the ever-growing global demand pushing prices higher, making wine the best performing alternative asset over the past 10 years.
London Barrelhouse displayed a great level of creativity and analytical thought when putting my portfolio together, something that I have found quite rare when making investments in the past, helped primarily through their respective contacts and trust in the industry.
London Barrelhouse store my wine at Vine International, a state of the art storage facility in Tilbury, through their trading membership of Liv-ex, apart from protecting the condition and provenance of my portfolio I was pleased to be able to visit Vine and able to see and touch the wine I have bought and subsequently been reading about.
With any investment I make, guidance and trust, are the most important factors I consider when venturing into a new area. London Barrelhouse was able to take me through the whole process from start to finish in a way that left me confident I was in good hands.
I would recommend London Barrelhouse to anyone looking to get active in this area, as the skills they demonstrated to me went above and beyond what I’ve experienced in the past, particularly the way they were willing to assist the rapport between ourselves with clear communication and on-site visits were invaluable to me.”
Mr Peter Southgate
Experienced entrepreneur and serial investor