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Cheap bars in London – Making your money last longer

October 5, 2022 |

If London is anything, it isn’t cheap. Often you will be paying more for alcohol than anywhere else in the country, and if you cringe at the thought of paying £15+ for a drink then this is the article for you.

At Urban Locker, we have researched the cheapest places to drink in London so you can make your money last longer.

Barrio Shoreditch

Barrio Shoreditch is a lively Mexican-themed bar on Shoreditch high street and while the place isn’t super cheap, it’s more affordable than some of the other bars around it. You can get cocktails for £10-12 and can even get 2-4-1 deals during happy hour.

They also do delicious tacos for £3. You can find out more about Barrio Shoreditch on their website including their opening times, address and you can also book a table.


Freud is a great place to drink in London and has a wide variety of cocktails that range from £7.50-9.50 at the time of writing. Because of the affordability of the place along with its great atmosphere, it can be difficult to get in after 6 pm.

Freud is located on

198 Shaftesbury Avenue, WC2H 8JL


If you want a cheap bar in London to let your hair down have a little dance and enjoy 2 cocktails for £10 during happy hour then Simmons is a great place to be. Happy hour runs between 4 pm and 9 pm Sunday to Friday and is one of the cheapest yet enjoyable places to go out drinking in London.

Simmons has locations in Soho, Kings Cross, Mornington Crescent, and many more. You can find out which bar is closest to you by visiting their website.


The Winchester is one of the cheapest bars in North London and they serve both food and drink at reasonable prices. The Winchester is country themed and offers great value on cocktails, mocktails and even Sunday lunch.

You can find the Winchester at 2 Essex Road London N1 8LN.


If the name doesn’t give it away, The Cubana Bar in London is a Latin-American bar that specialises in Mojitos. If you visit Cubana you can expect affordable Mojitos and tasty street food with a pinch of live music. If you are looking to save even more money be sure to go during happy hour and get 2-4-1 on your Mojitos.

You can find Cubana at 48 Lower Marsh, SE1 7RG.

Behind this wall

This speakeasy-style bar in Hackney is well worth a visit for affordable cocktails and a nice atmosphere. Behind this wall is open Wednesday to Saturday from 5 pm.

Service is all seated so make sure to book before you go to avoid disappointment. You can make a booking here, and you can find the bar at:


411 Mare Street

London, E8 1H

All of their drinks aim to exclude artificial flavours, colours and additives, You can also order Yard Pizza to the bar if you are feeling hungry.

Franks Cafe

Although more suited to the summer months, if you wrap up warm and wear the appropriate clothing Franks Cafe can be a great space to visit all year round for cheap drinks in London.

Located at 95a Rye Lane London, SE15 4TG, this outdoor venue is a great place to sit back and relax with friends while sipping a bottle of Negroni. Franks Cafe doesn’t take reservations so we advise you to turn up early to avoid missing out on a space.

Nordic Bar

The Nordic bar located in Fitzrovia is a little slice of Scandinavia without the high prices. The Nordic bar offers 2-4-1 on cocktails and also has a happy hour where money can be saved.

The Nordic bar is a sports and party-themed bar so as you can imagine the atmosphere is rather lively. If live sport, drinks after work, stag and hen do’s are your thing then the Nordic bar is the place to be.

Located just off Oxford Street at 25 Newman Street London W1T 1PN. You can book a reservation here.


Knowing the best bars in London which are also affordable can mean you can make your money last a little longer which is important in these trying times. If you have just moved to London and want to know more about the best places to eat, or things to do check out our blog.

At Urban Locker, we offer personal storage in East London and if you need to store your valuables our team can help.