Richard Caring's Caprice Holdings is to open a new restaurant called the Ivy Chelsea Garden in March this year.
The move comes following the opening late last year of the Ivy Market Grill in Covent Garden, the first offshoot of the famous restaurant in West Street.
The new venture, on the site of what was Kornicis-operated Henry J Beans, at 195-197 King's Road, is set to be part of an "exciting expansion plan" for the brand.
The restaurant will cater to 155 covers inside, with space for another 120 outside.
Interiors have been designed by Martin Brudnizki and promise to combine vintage with luxury, with a colour palate of burned oranges, pewter, forest green and mustard yellow.
The Grade II listed building that houses the restaurant is owned by Martin's Properties and dates back to 1722, when it was a licensed public house called the Six Bells. It has been refurbished over the past 12 months by Martin's to create a new London destination restaurant. It features gardens conceived by Anthony Challis and Dan Curran of Ginkgo Gardens.
Offering a classic design, the gardens will feature trailing wisteria and climbing roses adorning pergolas, as well as arched antique mirrors set into leafy trellises.
The Ivy Chelsea Garden will serve food throughout the day. Typical dishes on the menu will include: raw yellow fin tuna carpaccio with spiced avocado, lime zest, crème fraîche and coriander shoots and chopped lobster rigatoni bake with Amalfi lemon and zucchini.
Executive chef Sean Burbidge will oversee the food offer, while general manager is Daniel Smith.