Ashlee & Pete are TOAST

Inseparable couple Ashlee Simpson and Pete Wentz grab lunch at Beverly Hills eatery Toast on Tuesday afternoon.

Ashlee, 22, and Pete, 28, shack up together in a posh two-bedroom, 2,062 square-food house in the Hollywood Hills.

Pete and the rest of his Fall Out Boy bandmates recently were in Uganda with the organization Invisible Children and also shot their next music video for the single “Me and You”.

More Ashlee & Pete pics inside…