Funding granted to the New Theatre is enabling the venue to reopen their live shows in time for Christmas.
The first show that the theatre will be reopening with Jimmy Carr's show on December 12 with Terribly Funny, before the theatre launches into the live festive shows.
As of December 19, Christmas shows will take over the theatre including Santa's Christmas Cracker which will see children get presents from Santa. Festive comedy shows will continue through to December 31.
Social distancing measures will be in place including spaced seating, staggered entrance times and one way systems. Table service will also be put in place to ensure people won't be waiting at the bar areas.
David Hutchinson, Chief Executive of Selladoor Worldwide said: "Whilst many theatres across the UK are still closed due to the challenges brought by Covid-19, Selladoor are once again opening the doors of The New Theatre in Peterborough to ensure the local community has access to live theatre, and this festive entertainment will be provided within a safe, socially-distanced environment."
Key Theatre and The Cresset will also be putting on shows during the festive season, with The Key Theatre launching their live show of A Christmas Carol, while The Cresset will be putting on the pantomime of Jack and the Beanstalk.