A parcel of council land in Fleetwood was sold to a telecommunications company, it can now be revealed.
The contract to sell off the site, in Siding Road, was drawn up behind-closed-doors, though details have been obtained by this newspaper using freedom of information laws.
Wyre Council initially refused to say why the land was being sold, who to, and for how much money, citing the need for "confidentiality of commercial information".
But following an appeal against that decision, the authority said details could now be released because the deal has been concluded.
It said the site has been "for many years" a small telecommunications base station serving the Fylde coast.
It was sold to Cornerstone Telecommunications for "less than £60,000", which the authority later said was £15,000.
In a restricted council report, Marianne Hesketh, the director for performance and innovation at Wyre, sought approval to brand the land "surplus to the council's operational requirements" and to "dispose" of it.
Approval was granted and the land was sold on Monday, June 24 "on terms agreed by the council's senior estates surveyor", documents showed.
"The land was previously on a lease agreement which was due to expire," a council spokesman said.
"The land is governed by the Electronic Communciations Code, which dictates what the land can be used for and says that it must be kept as a site for a communications tower.
"Rather than continue the lease agreement, the decision was made to sell the land," which is on the corner of Siding Road and Navigation Way.
"The money will be used for future capital investment in the borough."