Meatliquor, the fast-casual concept led by Yianni Papoutsis and Scott Collins, is close to securing its first site in the South West, M&C Report understands.

The group, which will open its fifth site this June in Leeds, near the Trinity shopping centre, is understood to be close to exchanging on a site in the Stokes Croft area of Bristol.

The company, which counts former Clapham House chairman David Page as an investor, is also believed to be eyeing a further opening in London before the end of the year.

The site in Leeds, the group’s first in the North, will be house in a 5,000sq ft basement unit on the outskirts of the Leeds Trinity shopping centre.

It operated a pop-up in the city at the Leelex-group owned Neon Cactus site in 2012, and Leelax founder is set to consult on the new site. It is currently operating its MeatWagon unit in the city.

Last year, Collins said that private equity players had been “knocking on the door” but that it was not a funding route the business, which is debt free, was looking to go down right now.