AFTER 10 years in the town a tools and machinery company will be closing its Basingstoke branch.

Axminster Tool’s Basingstoke unit was the sixth shop the Devon-headquartered business opened back in 2013, replacing Comet in Winchester Road.

But due to “dramatically increasing costs” the store, by Brighton Hill roundabout, will close its doors for the final time on Wednesday, June 21.

The decision was made on Thursday, May 25, following increases in rent, with all the staff being handed their notices and made redundant.

A customer, who asked to remain anonymous, said: "Everyone is really upset, customers have been leaving the store crying. The shop has been a lifeline for some people."

As well as selling tools to trade professionals and DIY enthusiasts the Basingstoke business has welcomed craftsmen to lead public demonstrations.

Basingstoke Gazette:

READ MORE: First anniversary Basingstoke celebration at Axminster Tools & Machinery this weekend

Ahead of the closure, a 20 per cent clearance is on offer while stock lasts.

Axminster Tools’ Basingstoke website currently reads: “Due to dramatically increasing costs, we have made the difficult decision to close.

“The store will remain open until June 21 and we would like to thank you for your continued support.”

The tools trader is closed for the rest of the bank holiday weekend but will resume its normal opening hours on Tuesday, May 30 and into the next three weeks.

Axminster's seven other branches in Devon, Cardiff, High Wycombe, Newcastle, Warwickshire, Kent and Cheshire will remain open. For more information go to axminstertools.com.