There is a very famous quote that some cities never sleep. That is certainly true for places like London, New York, Tokyo, Berlin, and Dubai. They are alive 24 hours a day and attract millions of visitors every year. Additionally, lots of people want to live in them for work and leisure. Lambeth recently revealed plans to make the area London’s best night time economy. We want to have a closer look here, then you can rely on us if you invest and want solutions like guaranteed rent in Lambeth.

London’s nightlife

London has a long history as being one of the best spots for nightlife in the world. It’s got a lot to offer, including numerous theatres, music venues, clubs, restaurants, and much more. There’s something for every kind of interest.

Incredibly, Lambeth already has one of the best night time offerings in the city. In fact, it is home to almost 4,000 businesses. It’s got a unique culture and vibe. Over 75,000 people work at night in the borough, including health and care service workers, gig workers, bar workers, and more.

New plans

Lambeth’s goal is to make it the best and safest place for a night out in London. At the same time, they want to provide more support to the thousands of people that work between 6pm and 6am in the borough. So, they have created a Night Time Economy Strategy with partners including the GLA, Brixton BID, and the NTIA. It could have a massive impact on the area. If it encourages you to invest, rely on us for guaranteed rent in Lambeth and much more.

The strategy has some really impressive ideas for Lambeth. One is to create more night time hubs in the area. There is already one in Clapham, so there is plenty of data to show how effective they can be. Notably, hubs help to make areas safer at night for revellers and workers. It can reduce the risk of accidents, injuries, and ambulance/A&E visits.

Another key thing is work to review more high streets in Lambeth and support venues. The objective is to boost the number things to do, including more dining out and events. Crucially, there will be more work to support venues to protect them from potential closure from threats like noise.

As we said, the strategy includes support for night time workers in Lambeth too. Key here is exploring the creation of green shelters. This will provide safe havens where people can wait for pick-ups. It will be especially beneficial for gig workers, giving them easier access to toilets and charging points.

Do you want some help with guaranteed rent in Lambeth

The plans to improve Lambeth’s night time economy are fantastic and could have a big impact on the area. Crucially, they could help to make it a better place to live, work, and visit. Investors, whether they already have assets or are considering properties in the borough, should keep an eye on the plans. There is a lot of potential here.

If you want some help with investment properties, you can rely on us. We have been working in the city for a long time, so we know a lot about which areas to target if you are looking at things like the night time economy. Additionally, we can offer flexible services for different assets, large or small portfolios, and more.

So, get in touch if you want to discover more about guaranteed rent in Lambeth or the other things we can do.