Raiders smashed their way into the Spar shop in Wyberton in the early hours of this morning.
Police say a vehicle was spotted at 2am this morning, trying to smash the front of the Parthian Avenue store.
A green Daihatsu 4x4 that was said to be used in the burglary was left at the scene and is believed to have been stolen from outside the county.
Officers say the offenders gained entry to the shop and used a rope to drag the ATM from inside, before loading the machine onto another vehicle and leaving the scene.
Police are currently interviewing witnesses and examining CCTV footage.
Anyone with information about the incident should contact police on 101 quoting incident 15 of November 20.
The video above shows the scene this morning after the raid.