MSSQL '5(Access is denied.)' error during restoring database (4042123)

The following error message has been observed while restoring the MSSQL database to an alternate location:

The operating system returned the error '5(Access is denied.)' while attempting 'RestoreContainer::ValidateTargetForCreation' on 'E:\Program Files\Microsoft SQL Server\MSSQL10.MSSQLSERVER\MSSQL\DATA\XXXXXX.mdf'

We can use SQL Server Configuration Manager to find which account is used to run the SQL Server instance, and then make sure that account has full control 

Steps to Resolve-

1. Open Sql Server Configuration manager
2. Right click on SQL Server (MSSQLSERVER)
3. Go to Properties
4. Change log On As value to LocalSystem

Re-run the restore job.