Of course.
This is how I went out last weekend (very similar). Pants pretty tight, shirt just like in a pic, a bow-tie and shoes the same color as this belt. Yep... concenrned about fashion like a queer, but hey... I have a really beautiful girlfriend. Something is working.
Now this is a good look. Slim fitting trousers and shirt which compliment a muscular build without looking too attention whoring. I usually wear something similar on a night out minus the bow tie. I also tend to roll up my sleeves as well.
I've got quite a large collection of clothes and spend a fair amount of money on it but like most people, my fashion style just depends on where I'm going. I'll make the effort if I'm out on a date/night out...etc. However, if I'm just going into the local shops than I'll just wear some baggy shirt and old tracksuit.