Fixed-bed slow pyrolysis experiments of coconut shell have been conducted to determine the effect of pyrolysis temperature, heating rate and particle size on the pyrolysis product yields. The effect of vapour residence time on the pyrolysis yield was also investigated by varying the reactor length. Pyrolysis experiments were performed at pyrolysis temperature between 400 and 600°C with a constant heating rate of 60°C/min and particle sizes of 1.18-1.80 mm. The optimum process conditions for maximizing the liquid yield from the coconut shell pyrolysis in a fixed bed reactor were also identified. The highest liquid yield was obtained at a pyrolysis temperature of 550 °C, particle size of 1.18-1.80 mm, with a heating rate of 60 °C/min in a 200 mm length reactor. The yield of obtained char, liquid and gas was 22-31 wt%, 38-44 wt% and 30-33 wt% respectively at different pyrolysis conditions. The results indicate that the effects of pyrolysis temperature and particle size on the pyrolysis yield are more significant than that of heating rate and residence time. The various characteristics of pyrolysis oil obtained under the optimum conditions for maximum liquid yield were identified on the basis of standard test methods.