Hi Graeme
Not sure I can add much to what's already been said ...
But for that money I would try and get a planer/thicknesser and a table saw. This gives you pretty much everthing you need to prepare your timber. I coped for a long time without a p/t but since I've got one it's made a world of difference. It gives you a lot more freedom. Spend as much as you can on these two things and you're be well on your way in my opinion.
I'm sure the Festool will be an excellent choice - especially for converting large sheets. But I find in a small workshop, it's a lot harder to find space to bring a tool to the wood than vice versa. And for repeat accurate cuts it is hard to beat a table saw. Say you had 12 rails to cut all the same width - on a table saw set your fence and you're away - all cuts will be identical. With a circular saw, no matter how fancy, it's going to be more tricky to do the same thing.
If you're still interested in a bandsaw have a look at my review of the Record BS350 in the tools review section. But I've managed 6 years without one - it's a not a finish tool, you'll still need work after you come off the bandsaw, but it's an incredibly versatile tool and I'm really enjoying it.
As for hand tools, I would get a really good quality block plane (like the Lie Nielsen low angle) - very versatile and some decent chisels. See how hand tools should work (and learn to get a really sharp edge too). Together with the above machinery, your router, circular saw and some handsaws there won't be much you can't do. Of course you'll add to this as you go along - I would love to build up my hand tool collection - and very slowly am!
Have fun!
Cheers
Gidon