Well, that makes things more feasible I guess. The main points I'd make, as an intermediate amateur cellist, regarding the instrument are as follows.
1. There are an awful lot of bad cellos out there. In fact, I'd say only about 1 in 10 is really fit for purpose. Making a good cello is not easy, and is much harder than making a good violin I think. I'd avoid cheap Chinese cellos if possible. Try and find one with a good tone and resonance. You might want to enlist the help of some cello-playing colleagues at Uni to test instruments.
2. Get the right strings for the instrument. There are dozens of different types, and the choice you make will have a big influence on the sound. Luckily, there is now a luthier who specialises in string setup for cellos. His name is Robert Aitchison, and you can bring your instrument along to him, and for a modest fixed fee try out many different combinations of strings without obligation to buy. He is in Ely, Cambs, see
http://www.aitchisoncellos.com/ follow "String Trials" link.
3. Once you have the right strings, you can then look for a bow to match them. Again, the bow has a major influence on the sound and the playability of the instrument. It's quite amazing really, but absolutely true. Also you need to pick the right rosin too; I use Liebenzeller Gold IV which is excellent.
Regarding playing:
1. Make sure your bow hold is correct. In particular, avoid the "locked thumb".
2. Relax the LH as much as possible.
3. Work on open strings is good.
4. Build up your ensemble skills on the violin by playing with groups of all kinds and you'll be able to transfer them to the cello later.
I'm sure others have suggestions too.
Good luck!