135mm wheel into 130mm dropouts. Will it work?

I have a bike with 130mm dropouts. I want to fit a wheel but the only suitable one I can find has 135mm spacing. Are there likely to be any problems? I'm buliding a bike for the turbo and it is unlikely to go on the raod - especially as it won't have any brakes!!!
Frank Yates
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If you are lucky you may find a spacer in the hub to remove and claw back a mm or so.