Why w(h)ine when you could have a vineyard?
Among “luxury” investments, fine wine was the best performer in 2021 with an average return of 16%, according to estate agents Knight Frank. Those with deeper pockets and more entrepreneurial experience to draw from could see even higher returns if they were to buy a vineyard.
With temperatures on the rise, the emergence of new technology, and a surge of demand for English wines and fertile land suitable for vines, more and more investors are looking to get it while it’s hot. According to estate agents Strutt & Parker and Cheffins, the demand for English vineyards is indeed on the rise as English wines are proving more and more popular – even more so if they have a profitable business to go with them.
Buying an operational and commercially viable business could save you the time and headaches that would come with setting up a vineyard from scratch, and starting with a recognised brand would mean that you could really hit the ground running.
Our recent series “Buying and Running a Wine Estate” delves into each of the areas you should consider when buying, expanding and passing on a successful English vineyard and winery. Check it out!
Subcribe to news and viewsKnight Frank recently sold Hidden Spring Vineyard in West Sussex off market for £3.05m to South African buyers who wanted to buy a going concern in the UK wine market. The property came with a developed business and brand, plus an award-winning wine.
https://www.telegraph.co.uk/property/uk/forget-fine-wines-investors-snapping-english-vineyards/