Cask Ownership Costs
We want to be as up front as possible about the costs involved in cask ownership so you can make an informed decision.
Costs in the First
5 Years
Within the first 5 years of cask ownership the only cost is your initial purchase of the cask, we include everything else for you.
Insurance
Your insurance covers all accidents, theft and damage.
Storage
Storage is in ideal maturation conditions within a government approved bonded warehouse.
Costs that are encountered after the first 5 years
Whisky can be take a very long time to mature. After our included 5 years coverage extra costs may be incurred.
Insurance Costs
Insurance costs after 5 years are also
calculated by the bonded warehouse,
but may be dependent on the market
value of the cask at the time.
Storage Costs
Further Storage costs will need to be negotiated with the bonded warehouse at the end of the 5 years, the current rate starts at £44 a year.
Bottling Costs
Bottling your own whisky can be very expensive. it includes the cost of transportation to a bottling facility, The glass, stoppers and all the labelling costs. on top of this is the VAT and Duty that must be paid on whisky. Bottling your own cask can be an amazing experience, and they make for special and really unique gifts, but it is important to understand that it comes at a high cost.
FAQs
Find answers to commonly asked questions about costs and payments.
The cost of our whisky investment varies depending on the distillery, age, size and previous contents of the cask. We offer a range of options to suit different budgets.
We accept various payment methods, including credit card and direct bank transfers. Please contact our team for more information.
There may be additional fees associated with shipping, insurance, or storage. These fees will be clearly outlined before you make a purchase.
Refunds are subject to our refund policy. Please refer to our terms and conditions or contact our customer support for more details.
To cancel your order, please reach out to our customer support team as soon as possible. We will assist you with the cancellation process.
Download Our Caskcap Brochure
Learn about investing in whiskey with Caskcap
Let us be your guide towards the perfect Irish whiskey & Scotch whisky investment
Working with the best
We take pride in the relationships we build
We choose our partners carefully to bring a variety of casks to suit different customer needs, and one thing we do not compromise on is quality.
*One of our partners was awarded Double Gold Medals at the 2020 World Spirits Competition.
Start with Free insurance
At Caskcap we want to offer peace of mind. That is why we ensure every cask we sell is covered by comprehensive insurance. And, because we are the giving type, we give 5 years of insurance for Free!
You can invest with confidence, knowing that your investment is protected and secure. It’s just one of the many ways we strive to provide exceptional value and peace of mind to our clients
Passion and Expertise
Knowledge is power. That is why we at Caskcap have a team dedicated to keeping up to date on the latest industry information and insight, so that we can offer all our casks with confidence in the market.
Safe storage of your cask
At Caskcap, we take the security of your asset seriously and we don’t just rely on insurance alone to guarantee its safety.
That’s why we go the extra mile by using only the best bonded warehouses in Ireland and Scotland. Our facilities are of the highest quality, and we continuously look for ways to improve the storage conditions for our clients.
Disclaimer
Important Information
Caskcap is a trading style of Caskcap Ltd (Company Number: 13327177).
Unregulated Status
Caskcap Ltd is not authorised or regulated by the Financial Conduct Authority (FCA). Cask whiskey investments are unregulated in the UK, meaning they do not benefit from the protections offered by the FCA, the Financial Ombudsman Service (FOS), or the Financial Services Compensation Scheme (FSCS).
No Financial or Tax Advice
We are not financial advisers or tax specialists. The information provided on our website and in our materials is for general information only and should not be considered financial, tax, or investment advice. We strongly recommend that you seek independent advice from a qualified financial adviser or tax specialist before making any investment decisions.
Investment Risks
- Price Fluctuation: The value of cask whiskey can rise or fall. Market performance is not guaranteed, and investors should be aware of the speculative nature of this asset class.
- Past Performance: Past performance is not an indicator of future results. Any projections or estimates provided are illustrative only and may not be achieved.
- Evaporation ("Angel’s Share"): Whiskey stored in casks naturally evaporates over time. An average annual loss of 2% in volume and alcoholic strength is expected under normal warehouse conditions.
- Costs & Fees: Additional costs may apply, including but not limited to warehouse storage, insurance, regauging, sampling, and bottling fees. Please speak to us for further details.
- Tax Considerations: If you choose to bottle your whiskey, duty and VAT will be payable before the whiskey is removed from an HMRC-licensed warehouse. It is the cask owner's responsibility to ensure compliance with tax obligations.
Cask Management
- Regular cask health checks are recommended every three years to monitor liquid levels and condition. Services such as regauging, sampling, and photography are available at an additional cost.
For any questions regarding the cask buying process or any of the points above, please contact us.
