Dunfermline’s Homebase DIY store will shut down if investors don’t step in by the end of today.

The store is located at Halbeath Retail Park and employs over a dozen people.

The company suffered a loss of £84.2 million last year, and on November 13 staff at the company Teneo Financial Advisory Limited were appointed as administrators.

130 stores were put at risk of closure, however the brand was immediately sold, along with up to 70 stores, to the owner of the Range homeware outlets Chris Dawson.

Hopes that the store would be saved were dashed when it was revealed that it was not included in the list of stores purchased by Mr Dawson.

It’s one of 74 leasehold Homebase stores that were put on the market, with a deadline of November 29 to secure more funds for creditors.

Sky News have reported that Marks and Spencer’s and Kingfisher, the owner of B&Q, may be preparing to make an offer or between 25 and 50 stores.

However, it’s unclear which stores are being considered and no indication has been provided as to whether the Dunfermline store could be saved.

It’s also reported that Home Bargains could take over a small number of stores.

Homebase was previously owned by the company Hilco Capital, who purchased it from Westfarmers for a single pound in 2018. The company closed 106 stores in the years following the takeover.