Huge pop-up shopping and street food destination Boxpark earmarks Edinburgh for potential expansion

The plans to expand have come following a jump in profits for the London venture

Made of shipping containers, Boxpark hosts independent retailers and street food vendors.

A unique pop-up shopping and dining destination which currently has three huge sites in London has earmarked Edinburgh for a potential new site.

Their venues, currently in Shoreditch, Croydon and Wembley, host independent street food vendors and retailers in refurbished shipping containers.

The food and retail operator – which launched in Shoreditch in 2011 – said net profit was up 22 per cent to £1.6 million and turnover soared 58 per cent to £12.5 million in the year to the end of April, driven by the opening of a new site in Wembley.

The Press Association reported that Boxpark said it is in “advanced negotiations” with investment partners as it seeks a cash injection to drive the company’s ambitious expansion plans and it expects to announce an investment partner in the spring after months on the hunt for new funds.

Roger Wade, founder and chief executive officer of Boxpark said: “We’re delighted with our trading over the last year, and our consistent year-on-year growth is evidence that our strategic shift towards events and leisure-led initiatives have driven strong financial results.

“Boxpark pioneered the concept of pop-up retail and has now become one of the leading innovators in the retail, leisure and food and drink sectors.

“But there’s no time to rest on our laurels – we are continuing to seek opportunities for expansion.”

Should plans go ahead to expand to Edinburgh, Boxpark would join The Pitt and Leith Arches as street food destinations in the Capital.