Camden is a northern, inner city borough of London. While mainly residential in the late 18th century, its economic base developed from nearby railways and canals. As Londoners moved to the suburbs after World War II, retail, tourism, and entertainment flourished, but rising rents and chain outlets soon pushed out local shops, causing the area to become degraded.
In the 1970s, the borough was formalized, and Camden’s celebrated street market first appeared. Although the small Inverness Street Market was first, it soon shifted from local foodstuffs to tourism. Meanwhile, Camden Lock Market arose from a former timber yard and expanded into five additional markets. The borough has since become a key interchange for public transit, with heavy traffic at the Camden Town Tube Station. The area is currently in a state of flux, with increasing development and the Market’s future 20-million-pound makeover into a traditional arts centre for all of London, including more space for trading and retail units for rent.
The area is also known for diverse cuisine, alternative music, and bargain shopping in Camden. Younger crowds flood the borough’s happening clubs, cafés, and pubs in Camden Town. Simultaneously, mixed used developments like Camden Lock Village that combine residential and commercial properties to let are on the rise. With a range of such commercial property, Camden is ideal for small to medium enterprises, especially those connected to youth culture.