The Live and Let Live, a well established pub in the heart of the village of Pegsdon, Hertfordshire, in the Chilterns Area of Outstanding Natural Beauty at the foot of the Pegsdon Hills, has been brought to market via Christie & Co, with a £800k price tag.
Situated on the main thoroughfare through the village, the beautifully decorated pub features 10 cover bar, 55 cover restaurant which is split across three areas, a well equipped commercial kitchen, as well as three-bed owner’s accommodation with a kitchen and sitting room on the first floor.
The pub also features seven recently refurbished ensuite guest bedrooms, which are situated in a purpose-built building to the side of the pub. The owners have also obtained planning permission for a further six bedrooms, presenting the opportunity for a new owner to take the profitable pub to the next level.
Outside there's a trade terrace and garden at the rear of the pub, which is furnished with tables and chairs for up to 60 covers and offers a relaxed area for al fresco dining or a quiet drink. Additionally, the site can accommodate parking for 50 vehicles to the side of the building.
The Live and Let Live is a well established business which has built up a good reputation for its food and beverages offer. Benefitting from a strong local following, the business also enjoys trade from walkers and visitors to the Hoo Bit Nature Reserve and the Pegsdon Hills.
Having owned and operated the pub for the past three years, current owner, Eileen Taylor commented, “The Live and Let Live has a fantastic local trade as well as being very popular with those coming for further afield. The letting accommodation is really popular and with the planning permission for additional rooms, we feel there is a fantastic opportunity for a new owner to continue the business onwards.”
Tom Orchard, Business Agent at Christie & Co, who is handling the sale, said, “The Live and Let Live presents a unique opportunity to acquire a wonderful freehold, going concern pub in what is an affluent and picturesque setting on the outskirts of Hitchin.”
