Hong Kong- En Primeur T&Cs
What is En Primeur?
Also known as Wine Futures, En Primeur refers to the process of buying wines before they are bottled and released onto the market. Wines are usually delivered 2-3 years after the vintage, and can only be purchased by the unmixed case (12 bottles, 24 half bottles, 6 magnums etc.). Learn more about En Primeur
When the vintage is bottled and delivered to Berry Bros. & Rudd in the UK, the cases are held initially in a bonded warehouse. This means that no UK duty or VAT has been paid on the wine. If you request the wine to be delivered to you (anywhere in the EU) then duty and VAT will be payable by you in addition to the price. You can keep the wine in bond, please discuss your requirements with our team.
A description of the wine and prices will be set out in our en primeur price list and in specific vintage brochures. All prices are quoted in bond and are inclusive of freight and delivery to Berry Bros. & Rudd warehouse in the UK. Prices may vary due to fluctuations in currency and the market and to stock not being sold.
Delivery & Storage
Normal delivery terms shall apply, see above. We may store the wine for you on request as a "Customer Private Reserve".
Following shipment, your wines, by default, will be entered directly in to your Private Reserves in bond. Once the wines are in your Private Reserves, we will notify you by email. Wines entered into Reserves in this way will not be charged initial rent until your account's cyclical annual rent date.
On receipt of this email, or the subsequent invoice for rent, should you wish to take delivery we can arrange this as per our normal delivery terms. Any rent charged on wines withdrawn within 30 days of the date of invoice for rent will be credited.
Customers who elect to have their wine cleared from bond will be required to pay duty and VAT at the prevailing rates at the time of delivery. Please email email@example.com for details of current rates of duty and VAT.
Wines may be shipped from Customer Private Reserves to Hong Kong for a fee of HK$250 per case, or 9 litres equivalent. Should the quantity fall below a case of equivalent, a minimum fee of HK$250 will apply.
Insurance & Ownership
We will remain responsible for insuring the wine at the original invoice value until your delivery and/or storage instructions have been completed. Ownership of the wines will pass on settlement of all outstanding charges.
Vintage closing dates and shipping dates
En Primeur wines are usually promoted by reference to a specific vintage and are subject to a closing date for orders. Please check our website of the specific vintage brochure for the relevant closing dates. The website and or the specific vintage brochure will indicate an anticipated date by when that vintage will be bottled and shipped to the UK, such dates are an indication only and are not guaranteed.
Orders are placed in accordance with the procedure referred to at the start of these terms and conditions and are subject to availability. Stocks of certain wines may need to be allocated subject to demand, in such case Berry Bros. & Rudd reserve the right to allocate the stocks amongst interested customers in such proportions as it deems fit (at all times trying to be reasonable and fair). Some customers may not therefore be allocated any or only some of the quantities they have ordered. Orders will only be accepted if there remains unsold stock.