Formal Red Move to Bridge Road, Richmond

After 17 years in Fitzroy, Formal Red, a formal men’s suit wear shop are relocating to 635 Bridge Road, Richmond. Nick Meadows and Tom Maule of Gorman Commercial negotiated the 3 year lease with a commencing rent of $52,000 per annum. “The Fitzroy building is due to be demolished in the new year and the corner retail showroom on Bridge Road provides excellent exposure for the longstanding business.”