The Standard Workshop is the original workshop you are given at the start of the game. Nothing is elaborate or complex. Everything is simple and looks to be non-expensive. Your starting out. You can see a small town right outside to also show that your from a small area and need to expand as well.
As everything is given to you at this stage there is no trophy for having this whole set, and as such it offers nothing to your craft.
Go out, craft swords, create masterpieces, build your name up, sell your swords and explore the world.
From here, your Sword Quest begins.