There was a time when London was home to hundreds of factories. It was a hotspot for all kinds of manufacturing. The workforce peaked in the 60s, totalling over 1.5 million. However, there was decades of decline as the UK shifted focus to become a services economy. Incredibly though, this is changing and we’re seeing new investments to reindustrialise and bring jobs back. We want to look at a significant one here, then if you need help with investments and guaranteed rent in Southwark, you can rely on us.

A massive new facility

Earlier this summer Isembard began operations at a 160,000sq/ft facility at Mandela Way in Central London, just off Old Kent Road in Southwark, a short distance from Tower Bridge. The site was formerly a car impound, but was redeveloped by British Land. The original plan for the site was for it to be a logistics facility for last mile deliveries. However, it will now be the largest new factory in London “since the Second World War”.

Isembard has quickly become something of a powerhouse. They produce components for advanced industries, including defence, robotics, drones, submarines, and more. Critically, they supply the UK Government, Aerospace giant Babcock, and US military tech company Anduril. This is the kind of advanced manufacturing the Government wants to focus on bringing to the UK.

Growth and plans

The new London factory will serve as Isembard’s HQ as well as providing manufacturing facilities. Initially there are 35 people working at the site, but the goal is to create more jobs and increase the total to 200. This would be great news for the area. If it encourages you to invest in local properties, you can rely on us to arrange guaranteed rent in Southwark.

Isembard’s growth has been very impressive. At the start of the year they had just four factories. However, that total is now 16, spread across the UK, US, and Europe. They have plans to continue growing as well, aiming to reach 100 facilities in the next two years.

Reindustrialisation

As we said, the UK Government is working to bring manufacturing back to Britain. They are encouraging investment in advanced manufacturing, creating highly skilled jobs to support key markets. In fact, there is a plan to invest £300bn in defence alone. So, it is fantastic that companies like Isembard are already investing, showing confidence in the UK.

Speak to us about guaranteed rent in Southwark

Investors should always keep an eye on the wider things going on in the economy. This includes considering strategies by the government such as the push to reindustrialise. The potential for new jobs can make areas far more attractive, increasing demand for homes.

London remains a really interesting location for investments. It’s a hive of activity and there always seems to be demand. While house prices are cooling and there are other challenges, you can still find great opportunities and healthy rental yields. Plus, with our help you can arrange guaranteed rent in Southwark and various other areas.

So, get in touch today if you want advice about investments.