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 £500 | to £2000 | 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 September 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 (September 2026):
| Small | up to 60 guests | prices average £500 minimum spend per event |
| Medium | between 80 and 100 guests | prices average £1000 minimum spend per event |
| Large | over 140 guests | prices average £2500 minimum spend per event |
Based on Tagvenue data (as of September 2026), users looking for minimum spend venues most commonly go for these venue types:
| Pub | prices average £1000 minimum spend per event | typically between 50 and 200 guests |
| Dining Room | prices average £1000 minimum spend per event | typically between 25 and 70 guests |
| Restaurant | prices average £2000 minimum spend per event | typically between 30 and 80 guests |
| Bar | prices average £1500 minimum spend per event | typically between 80 and 150 guests |
| Event Space | prices average £750 minimum spend per event | typically between 70 and 150 guests |
Smaller minimum spend venues usually fit up to 60 guests standing. Here are some great options in Tower Hill, based on Tagvenue data as of September 2026:
The Mezzanine at Vagabond Monument, rated 4.6/5 - event space for 40 guests
Our user said: ‘The Venue was perfect for our event.’
The Top Deck Bar at The Ship, rated 4.9/5 - pub for 50 guests
Our user said: ‘Mikey behind the bar was the icing on the cake. He was great!’
Ada's Bar at The Bunch Of Grapes, rated 5/5 - dining room for 60 guests
Venue said: Ada's Bar is a light and airy space perfect for any occasion! Equipped with a fully serviced bar and television, the space has hosted socials, quizzes, buffets, sit-down meals, and fun drinks!
Cheap minimum spend venues in Tower Hill start from £10 hire fee per hour or £720 hire fee per event. Check out these budget-friendly spaces you can book through Tagvenue, as of September 2026:
The Speakeasy at MNM, from £10 hire fee per hour
(up to 60 guests standing)
Our user said: ‘The price and affordability were a big factor for me and this venue and organisers exceeded my expectations.’
Unique Event Space at Vout-O-Reenees, from £720 hire fee per event
(up to 125 guests standing)
Venue said: Vout-O-Reenee's is an exceptional venue, perfect for any event for up to 125 people. A rare opportunity to celebrate at one of London's most intriguing and unusual members' clubs.
Restaurant at So Japanese Private Dining, from £200 minimum spend per event
(up to 80 guests standing)
Venue said: The space has a modern feel with a few subtle Japanese touches. You’ll notice wooden finishes, soft lighting, and a clean layout that keeps things calm and comfortable without feeling too formal.
Page last updated in September 2026
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