DIY retailer B&Q is set to close 60 stores.

But the firm has not yet announced whether the Southampton Road branch will be among them.

The company will close the stores over the next two years as part of a “restructuring”.

Parent company Kingfisher, which also owns Screwfix, plans to axe about 15 per cent of surplus space as a result of the review of its 360-strong B&Q estate.

"Kingfisher has said for some time that B&Q UK & Ireland can adequately meet local customer needs from fewer stores and that some of the stores should be smaller," it said in a statement.

The firm, which currently has 360 B&Q stores, has so far confirmed the locations of six store closures: Southampton, Dundee, Baums Lane in Mansfield, Station Road in Stechford in Birmingham, Hyde in Greater Manchester, and Barnsley.

The move was announced as it posted a 7.5 per cent drop in annual profits to £675 million after sales fell by 1.4 per cent to £11 billion in the year to January 31.

The 60 stores have not been disclosed.