The bench was ordered with two other pieces of teak garden furniture. Colours did not match when they were delivered, although if we leave them to age I suppose that they will over several years. The bench was much lighter than the other pieces. I'm not sure what "premium teak" implies. Grade A teak is, according to the definition that I have found, supposed not to show noticeable grain, which our bench did and to have a natural sheen, without polish, which ours didn't. Also, large areas of the wood have a white "blush", as if the oil had already dried out. That said, the bench seems well constructed. It clearly won't fall apart but the quality of the raw material does not scream out.
Delivery arrangements were somewhat haphazard. Either the driver would deliver on day 1, while travelling up country, or on day 2, while travelling South. We therefore had to set aside two whole days for a delivery that happened late on the afternoon of the first day. The delivery was painless.
You get what you pay for. If you want solidly built teak furniture and don't care about the sourcing or the quality of the wood itself (as opposed to the construction) then buy this. It looks good (shape not grain) and won't fall apart.