Rural Hertfordshire pub with lettings rooms comes to the market
Specialist business property adviser, Christie & Co has brought to the market The Live and Let Live, a well established pub in the heart of the village of Pegsdon, situated in the Chilterns Area of Outstanding Natural Beauty at the foot of the Pegsdon Hills.
Occupying a two storey, detached property on the main thoroughfare through the village, the beautifully decorated Hertfordshire pub presents a welcoming atmosphere and comprises a 10 cover bar, 55 cover restaurant which is split across three areas, a well equipped commercial kitchen, as well as three bedroom owner’s accommodation with a kitchen and sitting room on the first floor.
Externally, an attractive trade terrace and garden sits to 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 pub also features seven recently refurbished and well appointed en suite 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 letting rooms, presenting the opportunity for a new owner to take the profitable pub to the next level.
The Live and Let Live is a well established business which has built up a good reputation for its food and beverages offering. 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 owners, Eileen Taylor comments, “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 is handling the sale and comments, “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.”
Christie & Co is seeking an asking price £800,000 for the freehold interest of The Live and Let Live.