UKV PLC Wines company has a network of negotiators, merchants and traders all over Europe. It specializes in wine trade. The aim is to help people sell their wine stock. It has a collective investment portfolio where an investor receives a share of the wine collection. The collection is managed by the company with various options available for selling if the client so wishes.
The wines company has a free no obligation valuation. The aim of valuation is to make sure the wine sells fast. Before the wine is listed on company stock, a minimum price is agreed after which it sells the wine through a brokerage service. UKV PLC Wines takes a 10 percent commission of the selling price.
The option of independent valuation through wine merchants and brokers is available. The objective is to get an unbiased value of the wine from a third party. The best of the offers is considered before selling the wine.
The interest of UKV PLC Wines is to buy quality wine. Some people have wine stocks on bond, if interested in selling the company offers free valuation. On the other hand, simply go for a straight sale. In a straight sale, the company buys wine directly after valuation and makes an offer. Offers are based on the price that a similar wine will attract on the market.
Selling wine through brokerage service requires stock transfer to the bonded trade account. The purpose is to perform verification of its condition. Verification involves checking the actual wine case, bottle labels, and the level of the wine. If the conditions are satisfactory, the wine is sold on an open market.
Clients of UKV PLC Wines enjoy a 2.5 percent commission. The commission is charged on the selling price and not on where the wine came from.
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