Sad day for Steves Hi FI

[moon]

Unfortunately a really sad day for a wonderful second hand Hifi dealer. Vandalism in the flat above the shop caused very severe flooding and all the stock was ruined. The shop is having to close with immediate

 

[moon]

I had also added best wishes to Steve in the future, and thanks for his help in the past.

but it was edited out!

 

[Anonymous]

That is sad, i always had the odd look on the web site

 

[BenLaw]

Surely they have insurance and will be re-opening soon?

 

[moon]

Unfortunatly it appears the water had been running ages, has destroyed all the equipment in feet of water and may have structurally effected the building.

 

[BenLaw]

But surely they have insurance for their business that covers buildings (if they own) and contents? It would be madness as a hifi retailer not to insure stock.

 

[moon]

I am sure its all insured Ben, Still doen't stop it being an absolute mare of the highest order......

 

[BenLaw]

I am sure its all insured Ben, Still doen't stop it being an absolute mare of the highest order......

I agree, and it must be very stressful for them. But as long as they were insured and they have loyal customers, this will hopefully prove a minor blip from which they will recover in time. Best of luck to them.

 

[relocated]

Maybe it was the 'final straw'. Can you imagine the hassle of negotiating the insurable value of second-hand items etc. with a Loss Adjuster.

I wish the person/people in the business every bit of good luck for the future.

 

[BenLaw]

Well whether the business continues or not I'm sure the owners will want to get their money back if insured. I would have thought receipts for the purchase of each item is a fairly clear sign of the replacement value and it therefore shouldn't be too difficult.

 

[ngibbs]

I'm really sorry to hear that. They've always been a great contributer to this forum, and very generous with their knowledge and experience in all things hi fi. Best of luck to them.