The Saloon

The Ned

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Elegant dining room at The Ned, featuring floral centerpieces for formal events.
  • From £7500
  • 120 Reception
  • Bank
  • From £7500
  • 120 Reception
  • Bank
The Saloon combines grand 18th-century heritage with two oversized outdoor terraces, creating an unmatched setting for sophisticated business events in the heart of the City.
Sam Cotton
Sam Cotton

Venue Expert @ Hire Space

  • Access to two oversized outdoor terraces
  • Theatre-style capacity up to 120 guests
  • Flexible catering options including à la carte for under 30 guests
  • 18th-century chandelier from Devonshire House
  • 9m high ceilings with ornate plasterwork
  • Restored parquet floor
  • Custom-made Oushak rug
Dominated by an 18th century chandelier from London's Devonshire House, The Saloon has ornate plasterwork, a restored parquet floor and a custom-made Oushak rug. Accommodating up to 120 guests theatre-style, the space can be used for catering or private meetings.



Frequently asked questions

The Tapestry Room requires a minimum food and beverage spend of £7,500 including VAT for up to 80 guests. This amount can be used against any pre-ordered food from private dining menus and any beverages consumed on the 6th floor during your event. If the minimum spend is not met with food and beverage, the shortfall is charged as room hire.

The Tapestry Room accommodates a maximum of 80 guests in cabaret style, 80 guests on round tables, or 120 guests on round tables for larger events. For theatre-style presentations, it can hold up to 150 guests, though capacity may be reduced depending on AV requirements.

Standard access is from 08:00 to 17:00 for daytime events, or 18:30 to midnight for evening events. Organisers and suppliers are welcomed from 17:00 for evening events. Music must be turned off at midnight and this timing cannot be extended.

A mandatory 14.5% discretionary service charge applies to all food and beverage consumption. AV equipment and any third-party services (such as flowers or entertainment) are charged separately and are not included in the minimum spend.

The Drawing Room has a minimum food and beverage spend of £3,250 including VAT for up to 26 guests in boardroom style. The RWB Room requires £2,750 including VAT for up to 26 guests boardroom or 21 cabaret style. Access is typically 08:30-17:00 for daytime meetings.

Yes, multiple rooms can be combined for larger events. For example, The Drawing Room and Saloon combination requires a minimum spend of £15,000 including VAT for up to 70 guests. The Tapestry with Saloon and Drawing Room for catering requires £12,750 including VAT for events up to 150 guests.

Full-day packages include arrival tea/coffee with breakfast items, mid-morning tea/coffee break with food options, working lunch, afternoon tea/coffee break with food options, water throughout the day, branded stationery, and a dedicated Events Manager. All catering counts toward the minimum spend requirement.

For some dates, The Ned only offers first option for multiday events alongside group accommodation, making single-day events unavailable. Mondays and Fridays typically do not have the multiday/group accommodation requirement in place, offering more flexibility for single-day bookings.

The venue offers a 5-day optional hold upon request while you confirm details. Space is not automatically held during the quotation process. Specific payment timelines and booking procedures are handled through the dedicated Events Manager assigned to each booking.




More about The Ned

Iconic Grade I-listed City of London hotel in a restored former bank, offering glamorous 1920s private rooms plus 252 bedrooms—ideal for highly private 30–40 guest stays with standout atmosphere.



The Saloon at The Ned - Business

Capacity: Up to 120 guests (Reception)
Location: The City of London, UK, The City of London, EC2R 8AJ, London
Coordinates: 51.5136058, -0.09091860000000912

Features

  • Wifi
  • 9m high ceilings
  • Access to two oversized outdoor terraces
  • Al la carte for under 30 guests
  • Restored parquet floor & original features

Food & Drink

  • Professional Kitchen
  • Kosher Catering
  • Recommended Caterering List Available

Space

  • Disabled Access
  • Outdoor Space
  • 125m² (1,345ft²)
  • Ceiling Height 9m (30ft)

Licenses

  • Licensed Until 1am
  • Extensions Available

Capacities

  • 48 Cabaret
  • 56 Classroom
  • 70 Dining
  • 120 Reception
  • 120 Theatre
  • 38 U-Shaped

Venue Guide Prices

Business

Minimum spend

PriceSchedule
£7,500 / Minimum spendEvery day, 09:00 - 17:00

Dining

Minimum spend

PriceSchedule
£7,500 / Minimum spendEvery day, 09:00 - 17:00

Weddings

Minimum spend

PriceSchedule
£7,500 / Minimum spendEvery day, 09:00 - 17:00

Frequently Asked Questions

What is the minimum spend requirement for The Tapestry Room and what does it include?

The Tapestry Room requires a minimum food and beverage spend of £7,500 including VAT for up to 80 guests. This amount can be used against any pre-ordered food from private dining menus and any beverages consumed on the 6th floor during your event. If the minimum spend is not met with food and beverage, the shortfall is charged as room hire.

What are the capacity limits for different seating arrangements in The Tapestry Room?

The Tapestry Room accommodates a maximum of 80 guests in cabaret style, 80 guests on round tables, or 120 guests on round tables for larger events. For theatre-style presentations, it can hold up to 150 guests, though capacity may be reduced depending on AV requirements.

What are the standard access hours and can they be extended?

Standard access is from 08:00 to 17:00 for daytime events, or 18:30 to midnight for evening events. Organisers and suppliers are welcomed from 17:00 for evening events. Music must be turned off at midnight and this timing cannot be extended.

What additional charges apply beyond the minimum spend?

A mandatory 14.5% discretionary service charge applies to all food and beverage consumption. AV equipment and any third-party services (such as flowers or entertainment) are charged separately and are not included in the minimum spend.

What AV setup is recommended for presentations in The Tapestry Room?

For cabaret-style seating with 80 guests, additional screens on the sides of the room are recommended because people at the back may find it difficult to see the large screen at the front. The venue can provide screens, microphones, and presentation equipment as additional services.

What are the minimum spend requirements for smaller meeting rooms like The Drawing Room?

The Drawing Room has a minimum food and beverage spend of £3,250 including VAT for up to 26 guests in boardroom style. The RWB Room requires £2,750 including VAT for up to 26 guests boardroom or 21 cabaret style. Access is typically 08:30-17:00 for daytime meetings.

Can multiple rooms be combined and what are the costs?

Yes, multiple rooms can be combined for larger events. For example, The Drawing Room and Saloon combination requires a minimum spend of £15,000 including VAT for up to 70 guests. The Tapestry with Saloon and Drawing Room for catering requires £12,750 including VAT for events up to 150 guests.

What catering packages are available for full-day business events?

Full-day packages include arrival tea/coffee with breakfast items, mid-morning tea/coffee break with food options, working lunch, afternoon tea/coffee break with food options, water throughout the day, branded stationery, and a dedicated Events Manager. All catering counts toward the minimum spend requirement.

Are there restrictions on booking certain days of the week?

For some dates, The Ned only offers first option for multiday events alongside group accommodation, making single-day events unavailable. Mondays and Fridays typically do not have the multiday/group accommodation requirement in place, offering more flexibility for single-day bookings.

What is the booking hold policy and payment process?

The venue offers a 5-day optional hold upon request while you confirm details. Space is not automatically held during the quotation process. Specific payment timelines and booking procedures are handled through the dedicated Events Manager assigned to each booking.

Venue Photos

This venue has 4 professional photos:

Elegant dining room at The Ned, featuring floral centerpieces for formal events.Elegant event space at The Ned with high ceilings, perfect for receptions and meetings.Elegant event space at The Ned with high ceilings, ideal for receptions and corporate meetings.Elegant event space at The Ned with sophisticated decor for upscale meetings and gatherings.

Amenities & Features

  • 18th-century chandelier from Devonshire House
  • 9m high ceilings with ornate plasterwork
  • Restored parquet floor
  • Custom-made Oushak rug
  • Access to two oversized outdoor terraces
  • Theatre-style capacity up to 120 guests
  • Flexible catering options including à la carte for under 30 guests

Event Types

Great for: The Saloon combines grand 18th-century heritage with two oversized outdoor terraces, creating an unmatched setting for sophisticated business events in the heart of the City.

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Additional Information

✓ Partner Venue - Trusted HireSpace partner

Contact: Available through HireSpace booking platform

Website: https://www.hirespace.com/Spaces/London/138648/The-Ned/The-Saloon/Business