THE BUILDING which currently houses the popular Alturo Lounge restaurant at the iconic Belle Vue Terrace is up for sale.

Property consultant firm Eddison's has advertised the three-storey building at Belle Vue Terrace, which is for sale for offers in the region of £775,000.

The building currently holds the Alturo Lounge on the ground floor with residential upper parts on the first and second floors. 

However, there are no plans to evict the popular business with the lease not due to run out for another 16 years. 

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Currently, the 6,000 sq ft ground floor overlooking Church Street is let to hospitality group Loungers on an annual rent of £65,000. 

The firm first moved into Alturo Lounge in 2015 on a 25-year lease. 

The lounge is one of 235 similar restaurants across the UK and serves a selection of small and main meals as well as alcoholic, soft and hot drinks. 

A description of the property from Eddisons said: "This is a large ornate three-storey building providing large restaurant and bar premises at ground floor level with residential upper parts at first and second floors. 

"The property is located on Belle Vue Terrace overlooking and down Church Street. 

"The property is located near several retailers as well as Great Malvern Priory to the southeast. 

"The property sits within a group listing of 20 - 44 Belle Vue Terrace identifying a number of features of architectural importance."

The property sale forms part of a larger portfolio of nine properties around the UK with a total quoting price of £7.5million. 

The nine properties that make up the portfolio are in Bolton and Hoylake, Stafford, Malvern and Cheltenham, Newbury, Chichester and Lewes in the South East, and Downham Market in Norfolk.

Alturo Lounge is currently rated 3.5 out of 5 by customers on TripAdvisor. 

It has been described by visitors as a very spacious and comfortable place, with food that was very good for the price and great service. 

Over half of those who have reviewed Alturo Lounge have described it as either very good or excellent.