Damn. The front fender is one of the things I love most about the CBs. No offense meant to anyone who has chopped theirs, but I think the full front fender looks best. Such a nice fender to begin with... shame to cut it. These fenders will eventually become scarce.
Anyway, nice looking bike, but I would negotiate a lower price because there's no fender.
And I agree that it's a front fender shy from being stock... not exactly a cafe racer....