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Would love the space to build a workshop
If you've got access to a garden at all, it can (just) be done on a very small scale. I've managed to get all of my stuff in a 5x5 foot garden shed... I don't think you could go any smaller, as you run out of room to actually lay a guitar down on the bench ...
It makes lots of things very difficult (my jointing plane is about a third of the length of the shed...) but at least encourages you to be efficient!
That's awesome man. Would love the space to build a workshop. I was never particularly handy on the tools but the idea of learning the skills to do the kit justice is appealing.