Yes, this is super cool. I think every engineer should bookmark this link, saves the trouble of visiting 10s or 100s of websites in order to get to relevant material.
Have you given it a try? There are a significant number of tools available: https://wiki.london.hackspace.org.uk/view/Equipment
I would say - don't let it put you off. The Hackspace is more than the sum of its tools. In any event there's a lot there including some fantastic equipment. The out of order equipment is more often a work in progress than it is abandoned kit.