Sppsvc is unable to create the folder and encounters an access denied error.
Please try the following:
icacls "C:\Windows\System32\spp\store"
md C:\Windows\System32\spp\store\2.0
takeown /f "C:\Windows\System32\spp\store\2.0" /a /r
icacls "C:\Windows\System32\spp\store" /restore C:\Files\Perms.acl
net start sppsvc
Post the output.