Definitions

In these conditions, unless the context requires otherwise:

'Buyer' means the person who buys or agrees to buy the goods from the Seller;
'Conditions' means the terms and conditions of sale set out in this document and any special terms and conditions agreed in writing by the Seller;
Delivery Date' means the date specified by the Seller when the goods are to be delivered to the warehouse;
'Warehouse' refers to bonded storage facility used by the Seller to store the goods on your behalf;
'Goods' refers to wine, which the Buyer agrees to buy from the Seller and described on the Order Form/ Invoice;
'Price' means the price for the Goods as described on the Order Form / Invoice;
'Trading Price' means the current sale price of the wine by the Seller;
'Order Form / Invoice' means the order document issued by the Seller to the Buyer, signed by the Buyer and returned to the Seller.
'Supplier' means persons or companies supplying the Goods to The London Vines LTD
'Seller' means The London Vines LTD

Conditions

1. An order for goods placed by you, the buyer shall be subject to these terms and conditions.
2. All other terms and conditions express or implied by statute or otherwise are excluded to the fullest extent permitted by law.
3. Nothing in these terms and conditions shall affect the statutory rights of any consumer.

Orders

4. All orders for Goods shall be deemed to be an offer by you, the buyer, to purchase Goods pursuant to these terms and conditions.
5. You, the buyer, shall be responsible for ensuring the accuracy of the details provided on the Order Form / Invoice and we will not be obliged to accept an order unless all details requested on the order form have been entered correctly.
6. No order submitted by you, the buyer, shall be deemed to be accepted by us unless and until we confirm acceptance of your order by e-mail, letter or by telephone and payment has cleared into our bank account.
7. We are entitled to refuse any order placed by you and will not be required to provide an explanation.
8. The Buyer may cancel the order at any time but no later than on the seventh working day after Delivery Date.

Goods

9. We will purchase the Goods from the Supplier no later than 90 days following cleared payment.
10. Due to the nature of the Goods we reserve the right to offer you an alternative if the requested goods are not available. We will use reasonable endeavours to match your order exactly. In the unlikely event of you receiving a substituted product you, the buyer, shall be entitled to return the goods for a full refund within 7 working days from the date of delivery, should the substituted product not be acceptable to you.

Price and Payment

11. We accept payment by cheque or bank transfer
12. We will issue a Receipt once funds have cleared in the account provided

Delivery

13. Any goods will be delivered then transferred to the allocated holding account at the warehouse
14. Upon delivery all risk shall be passed to the client
15. All goods will be transferred to the holding account within a 90 day period
16. If goods cannot be transferred within the 90 day period, all monies will be re-funded upon request
17. Any fees for the transfer of said goods from the supplier will be paid for by The London Vines LTD or its associates

Storage or Removal

18. All goods will be stored in an allocated account associated with The London Vines LTD
19. We will pay all storage and insurance costs for a period of 5 years from the first trade delivery date
20. The warehouse will inform you of your rotation number of your stored goods and quantity involved
21. You may open your own account with the warehouse at any time

Sale of Goods

22. We guarantee to sell your goods for at least the value of our current trading price. We will charge you 10% of the profit.
23. Upon receipt of your instructions to sell, The London Vines LTD will endeavour to sell your goods at the earliest available opportunity.
24. All En Primeur goods bought through The London Vines LTD cannot, and will not, be sold until bottled, usually within an 18-24 month period from the date of release.

Limitation of Liability

25. We will endeavor to carry out all obligations to you the buyer within a reasonable period of time, however we will not be responsible for any loss, costs or expenses relating to something beyond our control, directly or indirectly
26. The London Vines LTD do not give any guarantee as to the future market value of any goods as an investment product
27. We recommend the buyer hold the goods for a minimum of 10 years in order for the goods to reach its full collectible potential
28. The London Vines LTD, its Directors and/or associates cannot and will not be held responsible for the content of any telephone conversation made by any individual employed or sub-contracted by The London Vines LTD

General

29. The London Vines LTD reserves the right to change, adapt or alter these Terms and Condition at any time

Disclaimer

While The London Vines LTD believe that the market suggests that fine wine will always be in demand and sensible choices will accrue in value, as with any investment there are no guarantees. The London Vines LTD are not in a position to state unequivocally that growth will be achieved and potential growth can differ from wine to wine and from different suppliers.