AN ELECTRICAL store will close on Monday after the ailing firm failed to find a buyer.

Comet at Rayleigh Weir cannot be rescued and is the latest site to go after administrator Deloitte announced 125 closures with the loss of 3,000 jobs.

54 stores will now close by early next week and the remaining 70 stores are expected to be closed by Christmas unless a buyer can be found.

Comet collapsed into administration last month in what marked one of the biggest high street casualties since the demise of Woolworths in 2008 and followed a month after the failure of JJB Sports.

The Southend store closed at the end of November.

The Echo reported last month how Rayleigh Weir employee Justin Taylor, 24, walked out of his job as a supervisor after he was threatened with demotion for refusing to put up closing down posters prematurely.

An internal email told staff to put up the signs as they had proved effective in pulling customers in at other stores.