Owner Aaron Driver is carrying on the business as an online operation at cornhillwines.co.uk and says he has taken his customers with him.
He said: “I sell to all my old customers. It means I stay in contact with them.”
Driver, who was a chef before he got into retailing, is also hosting wine tasting evenings and dinners, as well as teaching children how to cook in a separate venture.
He told OLN: “I have been running the shop for 20 years and I have had enough. I don’t know how I got into retailing in the first place and my patience was wearing thin – so I thought it would be better to bow out while I’m still on a high.”
During its time in business Cornhill Wines won awards including a trip to Chile for Driver in the first Wines of Chile independents competition in 2010.
The former Cornhill Wines shop is now home to a Fairtrade shop.