St Emilion Chateau & Vineyard
This property is currently under offer from our group and a Letter of Intent granting us exclusivity to negotiate the acquisition of the vineyard has been signed.
Our chateau is a prime wine producing St Emilion estate of 3.1 hectares just 3kms from the beautiful medieval village of St. Emilion, thus allowing owners easy access to the delights of this beautiful and ancient settlement with its focus on wine. The vineyard is in two parcels with the principal vineyard surrounding the chateau and winery. The winemaking chai and storage cellars have been carefully designed to maximise efficiency in the winemaking process. Louis Mitjavile will take responsibility for the entire viticultural and winemaking process. No employees will be necessary and no equipment is needed because all viticultural processes will be undertaken by selected sub-contractors.
The vineyard is situated on the sloping south-east facing high ground. It has long unspoilt views towards our neighbouring vineyards in the valley of St Laurent de Combes.
It sits on sandy and clay soils with some gravel over limestone bedrock and currently produces 100% merlot from vines aged around 15 years. The vineyard is gently sloping with no obstructions; the land is well ventilated and well drained. Planting has been done at a density of 5,500 vines per hectare. Assuming normal climatic conditions, the expected yield will be at the rate of 40 hectolitres (hl) per hectare for our 'micro cuveé.
The chai is new and consists of the latest state of the art equipment. It inspires confidence with its simple layout that is easy to manage and presents an excellent showcase for quality production. The chai has ample room for increasing production for an additional 5 ha of vineyards without additional expense.
Being a St. Emilion the property produces only red wine. The annual production is about 15,000 bottles which is governed by the weather and the quantity of quality grapes harvested each year. The cost of production is currently around 4 euros per bottle including the cost of bottling and packaging.
The wine will be sold primarily in the UK, directly to the on-trade in restaurants and a limited number of wine shops using management's expertise. Direct sales to British and other buyers wil be encouraged via 'Friends of the Chateau' on-line marketing campaign.
The property benefits from its location on a very quiet contry road. Using an appointed local architect, the plan is to renovate the chateau into five luxury en suite bedrooms with views over the vineyards. In addition, a two-storey tower will provide attractive elevation to the buildings. On the ground floor, there will be four reception rooms including a large 'farm-style' kitchen, Grand Salon for wine tastings, winemaker dinners and special events, a reception/library and lounge 'salon' with a large fireplace. French doors will open onto a private patio surrounding a secluded swimming pool.
The price for the property is with no stock. In addition to the costs of the acquisition and renovation of the chateau, it is managements intention to purchase or lease an additional parcel of exceptional terroir as and when it may become available with likely bank financing.