Hustlers adult store-Community concerned over location of adult shop Hustler Hollywood

A sex store which occupies one of Birmingham's prime city centre shopping sites suffered 1. The Hustler store in the High Street also owes the city council , in business rates. The local authority is taking recovery action and the account is now with bailiffs. The extent of losses suffered by the flagship store, which closed last November, were revealed by millionaire businessman Andrew Joseph, who told The Birmingham Post that he had spent more than 8 million after gaining the UK licence from Hustler founder Larry Flynt in June Since its retail launch in Birmingham 15 months ago, Hustler Hollywood UK, which also owns an in-profit store in London, has run up about , of unpaid debt.

Hustlers adult store

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People who live close to the shop say they don't understand why Hustler's was allowed to set up shop there in the first place.

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People who live close to the shop say they don't understand why Hustler's was allowed to set up shop there in the first place. We spoke to one person who lives nearby about the shop's location. He says he's already had to have talks with his son about the shop and feels the store is out of place. The store is in compliance with the city's zoning. For some people in the community, it's still too close to nearby schools and recreation centers.

The store is just under a mile away from Sealey Elementary School. Right now the city has plans to meet with the Blueprint Committee. We did reach out to Hustler Hollywood and were told that the company would be sending us a statement, but so far we've not received it. Would you like to receive local news notifications on your desktop?

Yes please Not now. News Local News. Actions Facebook Tweet Email. Community concerned over location of adult shop Hustler Hollywood.

Updated: The store opened on Sept. City leaders want to talk about how close businesses like these should be to neighborhoods. Copyright Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. National News Court TV pounds gavel again as all-trial channel is reborn.

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Hustlers adult store

Hustlers adult store

Hustlers adult store

Hustlers adult store

Hustlers adult store

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A sex store which occupies one of Birmingham's prime city centre shopping sites suffered 1. The Hustler store in the High Street also owes the city council , in business rates. The local authority is taking recovery action and the account is now with bailiffs. The extent of losses suffered by the flagship store, which closed last November, were revealed by millionaire businessman Andrew Joseph, who told The Birmingham Post that he had spent more than 8 million after gaining the UK licence from Hustler founder Larry Flynt in June Since its retail launch in Birmingham 15 months ago, Hustler Hollywood UK, which also owns an in-profit store in London, has run up about , of unpaid debt.

Mr Joseph, who is part owner of the company along with his mother, said the 8 million cost of the venture included money spent on the UK licence, PR, marketing developments and 2 million fitting out the 6, sq ft Birmingham store.

It began trading in October but struggled after the first two months of trading, building up accumulated losses of 1. Mr Joseph claims to have seen no return on his investment. Mr Joseph, whose family has a million fortune in property and hotels, claimed one of the difficulties had been the American licence condition that all stores should follow the 5, sq ft US format. The truth is it has been haemorrhaging cash since it opened. With Hustler Hollywood UK owing royalties of about 22, and an annual exclusivity payment of ,, an arbitration procedure has been triggered by the US owners of the brand.

Still I guess if I was owed money I might have done the same. The Birmingham shop closed its doors last November with the loss of about 30 jobs, after Italian fitting supplier Alu took out a High Court order against Hustler Hollywood UK for unpaid debts. Alu's claim had been disputed in the courts by Hustler Hollywood UK, for supply of unfit materials and over-ordering of materials.

However, the order was successful and goods were seized from the London and Birmingham branches and sold at auction. At the time, Mr Joseph said the company was negotiating a financial rescue package and would open the Birmingham store in time for Christmas. A source close to Hustler Hollywood UK said this package with an external, third-party investor had now been secured. However, it is still subject to the approval of the US parent company Larry Flynt Publications and its executive.

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Hustlers adult store

Hustlers adult store