A site which was once earmarked for Belfast’s tallest building has been sold by the National Asset Management Agency (NAMA).
The site on Great Victoria Street is understood to have been bought by the Cookstown-based Lissan Coal Company.
It has already submitted a planning application to build a petrol station.
During the property boom, a developer had planned a 37-storey apartment block on the site but it was later repossessed.
The selling agents, BTW Shiells, said there had been strong interest in the site from a number of bidders.
The price of the site has not been disclosed but it is likely to be a fraction of the £7m for which it once changed hands.
Last year, NAMA sold an adjacent property on Great Victoria Street where a developer plans to build two hotels.