BROKING TERMS OF TRADE
WHAT WE SELL
• Wines whose condition and provenance are deemed to be excellent or that otherwise meet our criteria, and for which we have a market.
• Wines need to be stored with Corney & Barrow in the vendor’s “Wine Storage Account” and Corney & Barrow offer a free, fully-insured collection service for consignments valued over £1000from private addresses in mainland UK.
• Free insurance and storage whilst we store and sell your wines.
WHAT WE DO NOT SELL
• Wines sourced at auction or re-imported back into the UK from the US or Asia.
• Wines sourced from Europe of recent vintage that may clash with our exclusive agencies.
• DRC wines pre-1990, nor DRC not originally sold by C&B i.e. ex-Domaine directly to the UK agent, including those since moved from our storage.
WHAT OUR VALUATIONS MEANS
• We indicate our “Recommended List Price” based on current market conditions, and our proposed “Purchase Price” once sold.
• For wines stored with us but not originally bought from us, our price is confirmed upon physical inspection and photographing of the wines, and upon a suitable account of their provenance which meets our criteria.
• Our valuation for external wines does not equate to a final offer until such an inspection and we reserve the right not to sell any wines not deemed to be of suitable selling condition or provenance.
HOW WE SELL
• The Purchase Price and the Payment Terms for the wine(s) are agreed with the vendor prior to Corney & Barrow listing at the Recommended List Price.
• When a third party buyer agrees to buy at the Recommended List Price, Corney & Barrow will purchase your wine at the agreed purchase price and sell it to the third party buyer.
• In the event of Corney & Barrow receiving an offer that is lower than the Recommended List Price, we may contact the vendor to agree an adjustment of the Purchase Price.
• Wines are sold from the vendor’s “Wine Storage Account” and remain in the vendor’s Title until purchased and sold
HOW WE PAY AND UPDATE YOU
• Payment is made to the vendor by bank transfer, as soon as receive payment from the buyer.
• We send the vendor a notification for each wine sold, and a monthly statement.
WHAT WE PROMISE YOU
• To try to sell you wines to the best of our ability and through all reasonable means available to us.
• We remain on hand to advise as the sale progresses, and can re-value unsold items or return them at your request.
WHAT WE KINDLY ASK OF YOU
•A reasonable time period in which to sell your wines: 6-8 weeks for smaller parcels, longer or by negotiation for larger cellars.
• Exclusivity to sell your wines.
• Reasonable notice to withdraw unsold wines from sale to return to you.
In-Bond / Retail products
Your cart contains both retail and in-bond products, you cannot checkout with both.