Publicans Angus and Anne Downie hope to raise £320,000 to buy the Dusty Miller Inn, Mytholmroyd, so that it can be restored and reopened after serious flooding.
Owners Punch Taverns decided to sell the pub rather than pick up another huge repair bill for the Grade II listed building.
Mr and Mrs Downie have set up a campaign to “Save the Dusty” and are looking for community help to raise the money to buy it in exchange for shares in Dusty Miller Inn Ltd.
“No matter how big the corporate company is or how much cash the holding company may have in the bank, or how many freehold properties that company holds, there is nothing stronger than people power,” said Anne.
For a prospectus, to register interest or pledge money call 01422 885959 or 07979 281010 or email email@example.com.