Why blow the budget on venue hire when you can put it toward great food and drinks instead? Minimum spend venues in Tower Hill give you a fantastic space without the upfront cost—just hit the agreed spend, and the venue is yours. Looking for a cocktail bar near Monument? A stylish pub in Aldgate where you can take over the whole mezzanine? The trick is to check minimum spend requirements early, ensure the drinks menu aligns with your crowd’s tastes, and pick a spot with enough space to mingle. Use Tagvenue to find and book your venue in a few clicks.
Booking costs of minimum spend venues average £1000 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 Tower Hill, based on Tagvenue data from July 2026:
| From £500 | to £2500 | minimum spend per event |
| From £40 | to £95 | per person |
| From £160 | to £250 | hire fee per hour |
Based on the popularity and user ratings on Tagvenue (updated July 2026), the best options include:
Backstage at Eastcheap Records
in Tower Hill - rated 4.9/5
Our user said: ‘Amazing room, private bar had a range of really nice drinks and cocktails everything you could wish for.’
The Speakeasy at MNM
in Tower Hill - rated 4.8/5
Our user said: ‘I would really recommend this for a birthday, we hired a DJ too and he was perfect.’
Function Room with Karaoke at Simmons | Monument
in Tower Hill - rated 4.8/5
Our user said: ‘The venue was exactly as described! And separate private toilets which was amazing.’
You'll find minimum spend venues 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 Tower Hill, together with the standard prices in each size range, based on Tagvenue data (July 2026):
| Small | up to 60 guests | prices average £500 minimum spend per event |
| Medium | between 80 and 120 guests | prices average £1500 minimum spend per event |
| Large | over 150 guests | prices average £2500 minimum spend per event |
Based on Tagvenue data (as of July 2026), users looking for minimum spend venues most commonly go for these venue types:
| Pub | prices average £1000 minimum spend per event | typically between 60 and 200 guests |
| Dining Room | prices average £1000 minimum spend per event | typically between 35 and 70 guests |
| Bar | prices average £1500 minimum spend per event | typically between 80 and 150 guests |
| Restaurant | prices average £2000 minimum spend per event | typically between 40 and 90 guests |
| Event Space | prices average £750 minimum spend per event | typically between 70 and 150 guests |
Page last updated in July 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.