The outlet, on Ecclesall Road, will offer breakfast, a day menu, a supper club, a private dining and events space and an outside catering facility.
Earlier this month, however, the business did also close the doors on its Meadowhall shop, after three years in business.
On its Facebook page, Fancie said the decision had been made due to the business wanting to focus more on its two other shops, events, and the new bakery. However, respondents hinted at the fact it may also have been to do with the high rents charged in that area of the city.
The firm, run by Amanda Perry, has two dedicated cupcake shops in Sharrowvale Road, and The Winter Gardens, in addition to the new bakery.