Looking for cheap bars for hire in London? You're in luck! London boasts a selection of wallet-friendly watering holes perfect for hosting your next event without breaking the bank. Whether you're planning a birthday bash, a casual get-together, or a corporate mixer, our curated selection of budget-friendly bars has something for everyone. From trendy cocktail spots to cosy pubs with character, you can explore London's nightlife and discover the ideal venue to suit your needs. Let us help you find the perfect venue to empty the glass without emptying your wallet!
Booking costs of cheap bars average £600 minimum spend per event. Costs vary depending on guest capacity, popularity, location, and amenities like sound systems or bar services. Extra charges may apply for custom catering, decor, or event planning services. Packages with add-ons, such as DJs, photo booths, or other entertainment services, can also increase the overall cost. Check out the typical price ranges in London, based on Tagvenue data:
| From £350 | to £1000 | minimum spend per event |
| From £10 | to £70 | per person |
| From £50 | to £200 | hire fee per hour |
Based on the popularity and user ratings on Tagvenue (updated September 2026), the best options include:
Basement Bar at The Oxford Market
in Fitzrovia - rated 4.9/5
Our user said: ‘Great dancefloor space, great seating areas, great size dj booth, fabulous bar space with lovely bartenders.’
Bar Room at The George & Monkey
in Clerkenwell - rated 4.9/5
Our user said: ‘The hiring costs were very reasonable and the bar staff were really friendly.’
Louie's at Red Dog Saloon Hoxton
in Hackney Borough - rated 4.9/5
Our user said: ‘The bar staff were extremely friendly and kind! They arranged everything like i had asked for.’
You'll find cheap bars in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in London, together with the standard prices in each size range, based on Tagvenue data (September 2026):
| Small | up to 50 guests | prices average £400 minimum spend per event |
| Medium | between 60 and 80 guests | prices average £600 minimum spend per event |
| Large | over 120 guests | prices average £1000 minimum spend per event |
These are the venues within 1 mi from Central London, available to book on Tagvenue:
In London, cheap bars are most commonly booked for 30 to 70 guests. Here are some popular kinds of events people have hosted at these spaces on Tagvenue, as of September 2026:
| Party | Usually between £600 and £2,500. |
User who booked The Games Room at Heist Bank for 30 guests
said: ‘Great private space for an intimate party. The staff were fantastic from booking to end.’ |
| Birthday Party | Usually between £500 and £2,000. |
User who booked The Boudoir Bar at Bar Soho for 60 guests
said: ‘Awesome location, amazing staff, very reasonable min spend. Was the perfect venue for my birthday party.’ |
| Christmas Party | Usually between £1,500 and £4,600. |
User who booked Whole Venue at Prosecco House for 40 guests
said: ‘Service was amazing and so were the food and drinks. Great location.’ |
| Engagement Party | Usually between £1,300 and £2,900. |
User who booked Basement Bar at The Oxford Market for 80 guests
said: ‘Everyone had such an amazing time and I can’t wait to book for our next party...’ |
| Drinks Reception | Usually between £750 and £2,500. |
User who booked Cellar Bar at The King's Head Pub for 100 guests
said: ‘Thanks to the friendly customer service, the event was a great success. We would use this Bar again.’ |
Here are three areas known for their abundance of affordable bars:
Page last updated in September 2026
To provide you with relevant information, our pages are refreshed using an algorithm that aggregates real-time data, including bookings, reviews, and venue updates.