Anyone fancy going in on an Octave from Glenglassaugh?

I've already bought one for myself, an unpeated sherry cask but there are a few options...

Peated/Unpeated spirit
Bourbon or sherry

I quite fancy a peated sherry cask... Or peated bourbon. Or unpeated bourbon! Having tasted a few of Glenglassaugh's current stocks as well as their new-make spirit I can vouch for the quality.


It works like this:

Cask purchase (includes storage for 7 years) is say £700

Between 7 people we each pay £100.

An octave takes 50 litres of spirit, this obviously decreases over time, after 7 years there might be around 40 litres left, the equivalent of 57 bottles. So your £100 investment would give each person 8 bottles.

Duty and VAT have to be paid at the time of bottling, at the moment it's about £26/litre of alcohol so if the whisky is, say, 57%ABV duty at todays rate would be £10.38 per bottle. There is also a small fee for bottling, I don't know how much it is but I'll find out today, probably around £2/bottle.

We get our own cask, we can get whatever we want stencilled on it. We get a sample once a year (and can buy additional samples)

Glenglassaugh
FAQ
terms

One thing I should say is that their peat is nothing like Islay peat, it's sweet and smoky and heathery, more like Highland Park peat than Ardbeg...

Lefty
Coneyhurst Blue
Mr E?

Lefty
Coneyhurst Blue
Mr E?
Autofocus

£100 notes plus the bottling charge and duty so more like £200 in total...

There are no guarantees of what the final price will be.

Y'all need to be aware that the only fixed cost is the initial cask purchase price.

Glenglassaugh will do everything they can to keep bottling costs to a minimum but shape of bottle, type of label etc that we choose will all affect those costs.

Duty they have no control over, your guess of what alcohol duty will be in 7 years time is no better or worse than mine. It will certainly go up.

I would say that if you assumed a price of £30/bottle you would probably be covered.

Note as well, from the T's & C's that you are not allowed to sell the bottles.

If anyone's not sure, it's probably best not to get involved, it's a fairly long-term deal.

I'd suggest that if we get enough people we draw up a nice simple contract together, stating what's what. I'd be happy for people to send me the money and i'll buy the cask and deal with Glenglassaugh directly.

This is very interesting.
I am happy with whatever - also if we are struggling for numbers i'll take two slots ?
I think we should give it a while for those that may be away to log in and see ?
7 years is a long time to wait - the joys the joys !

I completely agree.

I spent an afternoon up there tasting from casks, their whisky is properly good.

Try to get your hands on their "spirit drinks", they're reasonably priced and will give an indication (just that) of what the new-make spirit is like.

I've tried spirit that's been in a bourbon octave for 2 years and it was beautiful.

Just being nosy, looking at your profile. I think I used to have a Landrover that belonged to you once, a 110 station wagon in a fetching reddy-brown colour?

Yeah, L223 something, I bought it from a fella in Stoney who bought it from you! Ran it for 6 months and in the end a fella from portsmouth won it on ebay and drove it all the way home!