A man has been arrested and charged following an attempted armed robbery at a service station in Parkes on Saturday night.

Police allege a 23-year-old male from Parkes attempted to rob a service station in Clarinda Street at 6.43pm while armed with a knife.

The attempted robbery was disrupted by another customer entering the business.

The offender was arrested a short time later at a house in Russell Street in Parkes and placed under arrest.

He was charged with attempted armed robbery with an offensive weapon and larceny, and was refused bail to appear before Parkes Local Court on December 5.

Meanwhile there's been an alleged serious assault in Peak Hill.

About 7.20pm on Saturday, police were called to Caswell Street, Peak Hill, following reports of an assault.

Officers attached to the Central West Police District attended and were told two men – one allegedly armed with an axe - had a physical altercation, before both left the scene.

Following inquiries, about 8.20pm the same night, police attended a home on Derrinbong Street, Peak Hill, and arrested a 24-year-old man.

He was taken to Parkes Police Station and charged with intent commit indictable offence, affray and common assault.

He was refused bail and appeared before Parramatta Local Court on Sunday.

Investigations into the incident are ongoing. Anyone with information or CCTV footage in relation to the incident is urged to contact Crime Stoppers on 1800 333 000.