The former Walnut Club Champagne Bar in Ecclesall Road is to reopen as Studio 557 – a late bar and grill run by a team of three Sheffield businessmen.
The premises, which fell victim to the recession last year, are currently undergoing a six-figure refurbishment.
“It’s boutiquey: very sleek, very contemporary, very cool,” says designer Mark Platts, who is driving the scheme.
Other recent projects of his company, Spacepad, include a new housing development on Psalter Lane and the Playspace activity centre at Ranmoor.
The new bar is due to open on April 9, featuring an ultra-modern look with baroque-style furnishings.
Platts and his partners – promoter Carey Williams and construction specialist Andrew France – have installed a new first-floor reception, moved the kitchen upstairs and opened out the space to create a bar and open-plan multi-function venue which can be hired for parties, wedding receptions, corporate functions and conferences.
It will be open all day, with food available until 10pm. But the bar and music will continue until 12.30pm for a trial period of six months.
“My job is to make it work,” says Platts. “I’ve had my eye on this place for a long time. I could see straight away what the problems were and we’ve come in and revamped it.”
Food will be gastro style, some of it cooked on an indoor charcoal grill. In charge of the kitchen will be a head chef lured from the award-winning Milestone at Kelham Island.
The ground floor of the premises, owned by Turret Investments, is also being redeveloped to create a store for a major food outlet.