Abstract: The present disclosure relates to a combination workbench and tool chest. The structure includes a working surface supported by a rigid frame. Tool storing means including pegboards, shelves and drawers are mounted on the rigid frame below the surface for the storage of tools, on at least three sides of the frame. A set of removable security panels are mounted in grooves or tracks in the frame to enclose the sides of the frame and the tools. When the panels are in place, they interact with each other so that only one lock is needed to lock all three sides of the bench. When the panels are removed, access to the stored tools is available from fully three sides of the bench. The fourth side of the bench is formed by a lockable door that covers shelves, drawers, etc.