LR's contribution to the cmyk is strictly limited to the soft-proofing preview. LR cannot process cmyk. According to Jeff Schewe, in the LR 6 LULA video, the cmyk preview was just a low hanging fruit feature for LR. To process cmyk you need to go to PS, and since you have to go to PS you should do your soft-proofing there too. Given that, I am unlikely to ever use LR to view cmyk soft-proofs.
I prepare many images for offset printing; my workflow is to process the images in LR, then 'edit a copy in PS' make all the necessary changes in PS, including image size, bit depth to 8 bits, change colour to cmyk, output sharpen, soft-proof and make the additional changes, and then save that file for eventual inclusion in an InDesign document.
Jean-Michel