An online auction house based in Worksop is toasting its success selling specialist spirits to whisky lovers thousands of miles away across Europe.
In it first six months, The Whisky Way has notched up more than 100 sales to customers as far away as Croatia and Italy, with a top price of £295 for a bottle of Macallan Archival Series Folio 2.
Based at the Worksop Turbine innovation centre, the business manages monthly sales of whisky and collectable items at no cost to the seller.
Co-owner Ryan Vahey says their success is down to whisky’s growing appeal as an investment asset.
He said: “The mystery and allure of the spirit is unparalleled and the market has grown quickly, with special editions, limited production and discontinued lines doubling the original retail value.
“We’re attracting buyers from all over the UK as well as Europe, who have to turn to auction sites for vintage products, which often feature popular flavours or unique glass, ceramic or stone bottles.”
He added: “Many distilleries in the 1970s and 1980s were unable to offer international shipping to keep costs down. Out of production whiskies may fetch a very good price when distilleries have closed.”
For more details, visit www.thewhiskyway.co.uk.
Managed by Oxford Innovation on behalf of Nottinghamshire County Council, the Worksop Turbine provides serviced office space for new and growing firms.
Ryan said: “Our move to the Turbine has helped us to concentrate on scaling-up the business. The forward-thinking support team has provided us with a terrific platform and we are looking forward to our future here.”
Centre manager Claire Gregory said: “We pride ourselves on the flexibility and support niche which companies like The Whisky Way need to prosper and grow.”
To find out how the Turbine could help your business, see www.worksop-turbine.co.uk.