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The business, which is based in Merseyside, has purchased land at Solstice Park after it was granted planning permission for a regional distribution centre by Wiltshire Council in 2010.
TJ Morris said the revised scheme is smaller than the permitted development but would generate up to 1,200 jobs, which is 20 per cent more than originally planned.
The site is set to spearhead its expansion of its Home Bargains brand in the south of the country and the planning application for the revised scheme will be submitted shortly, the business said.
Joe Morris, operations director for TJ Morris said: “This is a fantastic opportunity for both Home Bargains and Amesbury, and we look forward to working closely with Wiltshire Council to make this scheme happen during these difficult economic times.
“It will underpin our continuing successful growth in the business and support up to 300 new Home Bargains stores across the south of the country. I have no doubt that it will be a major asset for the area.”